Oil & Gas

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

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...

NNPC hits the market with high performance lubricants — Nitro and Rhino engine oils

  Two new lubricants — Nitro and Rhino engine oils – have been rolled out by a Downstream subsidiary of the Nigerian National...

Ajaokuta-Kaduna-Kano gas pipeline construction begins 2nd quarter of 2020 – NNPC

  …set to expand Domestic Gas Footprint from 1.1BSCF to 2.2BSCF …targets Nigeria as net exporter of petroleum products by 2023   The...

NNPC gets thumbs-up for ‘Operation White’

  The Independent Petroleum Marketers Association of Nigeria (IPMAN), Kano State chapter, has praised the NNPC for ensuring the success of ‘operation white’...

Nigeria Loses $750m to Oil Theft in 2019 – NNPC

    The Nigerian National Petroleum Corporation (NNPC) has disclosed that the nation lost about $750 million to oil theft in 2019. In...

1,300MW Abuja Power Plant: NNPC Secures $1.16Million USTDA Grant

  The Nigerian National Petroleum Corporation (NNPC) has secured a grant from the United States Trade and Development Agency (USTDA) to facilitate the...

NNPC Records 16 Per Cent Increase in Gas Supply to Power in November

  The Nigerian National Petroleum Corporation (NNPC) has said that the daily average natural gas supply to gas-powered plants in November last year...

NNPC, PETAN Collaborate to upscale  Oil, Gas activities 

  The Nigerian National Petroleum Corporation (NNPC) and the Petroleum Technology Association of Nigeria (PETAN) say they are partnering on bolstering up production...

Kyari: Taking NNPC out of bureaucratic boondoggle to boom, zeroing out queues at filling stations

  …Buhari’s “Next Level’’ agenda translated into reality – seamless petroleum products supply   The appointment of Malam Mele Kyari as the Group...

Oil Upstream, power, gas development: Russia to partner NNPC — Ambassador 

    As part of initiatives to develop Nigeria’s upstream, gas and power sectors, the Nigerian National Petroleum Corporation (NNPC) says the Russian government has agreed to partner...

Yuletide/New Year: NNPC felicitates with Nigerians, Christian faithful

  By Kunle Akinsola …restates commitment to accountable system In the spirit of the Yuletide, the Group Managing Director, Nigerian National Petroleum Corporation...

NNPC Records Trading Surplus of ₦5.20billion in August

… Distributes 1.92billion Litres of PMS   The Nigerian National Petroleum Corporation (NNPC) has announced an increased trading surplus of ₦5.20billion for August,...