Oil & Gas
Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.
Dangote Refinery set to flood Nigeria with 25m litres of petrol daily
The Dangote Oil Refinery will supply a total of 25 million litres of petrol to the Nigerian market daily starting from this September,...
Breaking: Dangote refinery commences petrol production
Alhaji Aliko Dangote has officially announced the commencement of petrol production at the Dangote Refinery in Lekki, Lagos. He praised President Bola Tinubu’s...
NNPC Ltd. Faces Financial Strain Due to PMS Supply Costs, Impacting Supply Sustainability
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has acknowledged recent reports in national newspapers regarding the company’s significant debt to petrol suppliers....
Cross-border fuel smuggling: Oil Minister says security agencies are complicit
The Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has pointedly addressed the issue of fuel smuggling to neighboring countries, saying that...
NNPC Ltd. expands global market footprint to Japan, China with LNG supply on delivered-ex-ship basis
In line with its strategic vision to be a dynamic and reliable global energy supplier of choice, the Nigerian National Petroleum Company Limited...
Divestments by Mobil Producing Nigeria Unlimited, others followed due process under PIA, NUPRC insists
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shed light on some divestments including the divestment by Mobil Producing Nigeria Unlimited (MPNU) that...
Oando acquires Nigerian Agip Oil Company for $738m
Oando Plc has completed its acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant, Eni, for a total consideration of...
Crude oil sales to Dangote Refinery in naira start October 1 – FG
The Federal Government says it will commence the sale of crude oil to the Dangote refinery in naira on October 1, 2024. In...
Breaking: NNPC Ltd.’s profit surges by 28%, records highest profits of N3.29trn in 46 years
The Nigerian National Petroleum Company Limited (NNPC Ltd) has recorded its highest profit in 46 years as it released its 2023 Audited Financial...
No presidential approval yet to use nation’s dividends to defray petrol subsidy – NNPC Ltd.
The Nigerian National Petroleum Company Limited (NNPC Ltd) has described as false the news making the rounds that President Bola Tinubu has approved...
NNPC Ltd. not owing any international oil trader $6.8bln, says spokesman
Contrary to a media report, the Nigerian National Petroleum Company Limited (NNPC Ltd.) has clarified that it is not owing international oil traders...
Kyari Urges Military to Sustain Onslaught Against Crude Oil Theft
The Group CEO of Nigerian National Petroleum Company Ltd. (NNPC Ltd.), Mr. Mele Kyari, has called on the Nigerian military to sustain the...
Tony Elumelu to FG, security agencies: Tell Nigerians stealers of Nigeria’s crude oil
Nigerian billionaire businessman, Tony Elumelu has said the Nigerian government and security operatives should tell Nigerians those who steal the country’s crude oil....
Economic Sabotage: Count Us Out—NNPC Ltd
Mr. Mele Kyari, the Group Chief Executive Officer of NNPC Limited (NNPC Ltd), the company has not violated any of the enabling laws...
Breaking: NNPC Ltd. Launches Utapate Crude Oil Grade
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has announced the introduction of Utapate crude oil blend, a new crude oil grade, into...
NNPC Ltd’s state of emergency on crude oil production pays off, raises output to 1.61m bpd in July 2024
Following the Nigerian National Petroleum Company Limited’s (NNPC Ltd) declaration of a state of emergency on crude oil production, daily production has increased...
