Oil & Gas
Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.
US oil drops steeply below $15 per barrel
US oil prices on Monday plummeted, hitting below $15 a barrel on renewed storage concerns as the coronavirus throttles demand even as...
COVID-19: NNPC-led Oil & Gas intervention donates ambulance, equipment to Kano Govt.
… to build world-class medical facilities in nation’s eight zones. In continuation of its intervention across the states of the federation,...
COVID-19: NNPC, Partners Donate Ambulances, Medical Kits to South-West States
The ongoing efforts by the Nigerian National Petroleum Corporation (NNPC)-led Oil and Gas Sector coalition against COVID-19 was bolstered on Thursday in...
U.S Oil Crashes to Historic Low As Covid-19 Collapses Demand
U.S. equity markets slid Monday as oil crashed below zero and closed at its lowest level since recordkeeping began in March 1983....
OPEC/NON-OPEC ministerial summit: Sylva raises hope of crude oil prices increase by at least $15 per barrel
…price rebound may give Nigeria additional revenues of about $2.8 billion … cuts supply by up to ten (10) million barrels per...
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...
