Oil & Gas

Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.

Breaking News: FG approves $1.5bn for Port Harcourt Refinery repair 

  The 38th virtual meeting of the Federal Executive Council (FEC), presided over by President Muhammadu Buhari has approved the sum of $1.5...

Passage of Petroleum Industry Bill (PIB) critical to the sector, attract investments, says Kyari

  The passage of the Petroleum Industry Bill (PIB) will help resolve issues of fiscal terms in the Production Sharing Contracts (PSC), the...

Petrol: Deregulation reversal will lead to scarcity of product, CSOs tell FG

  A Coalition of Nigerian Civil Society Organizations for Petroleum and Energy Security (CONCSOPES), has called for the sustenance of deregulation of the...

Nigerians to pay more for petrol as crude oil price hits $60 per barrel, says Petroleum Minister

  Nigerians will have to pay more for petrol as the current N162 pump price may be raised as crude oil price rises...

NNPC makes $108.84m Crude Oil, Gas Export Sales, ₦8.71bn surplus in November 2020

  The Nigerian National Petroleum Corporation (NNPC) says it recorded export sales of crude oil and gas for November 2020 to the tune...

NNPC enjoys autonomy under President Buhari, says GMD Kyari

  “He remains the only president that has never interfered in the operations of the corporation. That is very unprecedented, and it has...

NNPC hits N1.95 trn revenue mark in petrol sales, others in one year

        The Nigerian National Petroleum Corporation (NNPC) generated about ₦1.95 trillion revenue from the sales of white products between October...

NNPC GMD/CEO, Kyari Bags New Telegraph’s Transparency Award

  New Telegraph Newspaper, one of Nigeria’s leading national dailies, has conferred its 2020 Award of Government Agency of the Year (in the...

Kyari mourns, extols late Festus Marinho, pioneer NNPC MD

  The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has expressed grief on the death of the...

96 reputable firms bid for NNPC pipelines, depots, terminals rehabilitation on BOT financing 

  No fewer than 96 reputable companies  have indicated interest in rehabilitating the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure including pipelines, depots...

We are ommitted to OPEC+ agreement on oil production cut, says NNPC

  …focuses more on gas, condensats to boost Nigeria’s revenue profile In a bid to stabilize the global oil market,the Nigerian National Petroleum...

Nigeria attains feat in waste-to wealth as Buhari inaugurates NPDC Integrated Gas Handling Facility in Edo

The inauguration of the 200 million standard cubic feet per day capacity integrated Gas Handling Facility (IGHF) and the Liquefied Petroleum Gas (LPG)...

EITI Standards: NNPC appoints woman petroleum geologist EITI Implementation Programme Manager

  As part of efforts and commitment to  transparency standards of the Extractive Industries Transparency Initiative (EITI) as a Supporting Company, the Nigerian...

NNPC says it’s committed to growing nation’s hydrocarbon reserves to 40bn barrels

    The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to grow the nation’s hydrocarbon reserves to 40 billion barrels through...

New pump price: NNPC says N128 is ex-coastal price, N153.17 ex-depot price, not N130 and N155.17

  The Nigerian National Petroleum Corporation (NNPC) has clarified that the new petroleum products prices are N128 ex-coastal and N153.17 as ex-depot and not N130...

NNPC says it boosted nation’s power generation by 2,538mw in August 

  The Nigerian National Petroleum Corporation (NNPC) said it supplied 727 Million Standard Cubic Feet per day (mmscfd) of natural gas for power...