Oil & Gas
Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.
Despite COVID-19 disruptions, NNPC GMD says focused on ensuring adequate fuel supply
…virus catches the world unprepared, shuts down economies, says Wunti In spite of disruptions in the country amid COVID-19 pandemic,...
FG hands off refineries — NNPC GMD
… says fuel subsidy removal for ordinary Nigerians’ benefits The Nigerian National Petroleum Corporation (NNPC) says it will no longer run and...
April 9 OPEC+ virtual meeting: Nigeria’s Petroleum Ministry consulting stakeholders on crude market stability, says Sylva
Ahead of April 9 OPEC+ meeting, the Federal Government says it is in consultations with global industry stakeholders and prepared to join...
COVID-19 Lockdown: NNPC says its loading depots ‘ll remain operational
…assures of nationwide product availability, seamless supply In line with the Presidential directive. the Nigerian National Petroleum Corporation (NNPC) has announced measures...
COVID-19 Lockdown: NNPC nods uninterrupted petrol supply
…says it has robust stock and supply plans, warns against panic buying The nation’s petroleum industry leader, the Nigerian National Petroleum Corporation...
NNPC, Upstream operators, announce N11bn intervention to combat COVID-19
An intervention fund of N11 billion ($30 million) has been announced by the Nigerian National Petroleum Corporation (NNPC) and 31 players in...
FG cuts oil benchmark to $30 per barrel for Budget 2020
The Federal Government on Wednesday proposed the reduction of oil benchmark from $57 to $30 per barrel which it projected for 2020 Finance Act. The...
NNPC’s Downstream Subsidiary, PPMC, Records ₦337.63bn Petroleum Products Sales
…posts 34% Increase in Trading Surplus in December 2019 The Nigerian National Petroleum Corporation’s (NNPC) Downstream Sector subsidiary, the Petroleum Products Marketing...
Why we can’t enforce new pump price of N125 at private filling stations, says Kyari
… they are still selling old stock The Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Malam Mela Kyari, says...
FG’s directive: NNPC announces N125 per litre of petrol effective March 19
In compliance with the directives of the Minister of State for Petroleum Resources, the Nigerian National Petroleum Corporation (NNPC) has announced a new...
FG slashes petrol pump price at N125
A Presidential approval for the reduction of pump price of petrol from N145 to N125 may have been given, according to Aso...
Oil price plunges almost 30% as NNPC vow to Reduce Cost of Crude Oil Production
Group Managing Director of the NNPC, Mallam Mele Kyari, on Wednesday said that the state oil firm plans to put in place measures...
Accomplished Oil and Gas Technocrat, Mr Bala Wunti, Now Holds Sway At NAPIMS As GGM
…As PPMC boss, he eliminated intractable petrol scarcity across the country After a 30-year stint in the nation’s petroleum industry, Mr...
Crude price slump: FG to review 2020 budget $57 crude oil benchmark
… President Buhari sets up committee on Coronavirus impact on economy Following a crash of crude oil price in...
FG okays $2.571bn loan for Ajaokuta-Kaduna-Kano gas pipeline
…NNPC to pay 15 per cent of the sum A foreign facility of $2.57 billion has been approved by the Federal...
