Oil & Gas

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

New petrol pump price of N151.56 irks, upsets lawmakers, want it reversed

  The raise in the pump price of petrol from N148 to N151. 56 announced by the Nigerian Petroleum Product Marketing Company (PPMC),...

In Ogun, lndependent Marketers now to sell petrol at N162 per litre

  The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members in the Southwest to sell petrol at N162 per litre....

NNPC Group Life Assurance Scheme  records claim settlement of N5.48bn in 2018, 2019

  The Nigerian National Petroleum Corporation Group Life Assurance (GLA) scheme says it recorded claim settlement of N2.47 billion and N3.01 billion In 2018 and...

Mele M Kyari, GMD NNPC

COVID-19: NNPC GMD, Kyari, tasks stakeholders on strategies for petroleum industry growth

  The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has thrown the gauntlet at stakeholders to evolve innovative...

COVID-19 lockdown ease: NNPC ups crude oil, gas export revenue by $378.42m in June 2020

  Following the ease of the COVID-19 global lockdown, the Nigerian National Petroleum Corporation (NNPC) says it recorded a total crude oil and...

NPDC to boost domestic gas market by 600m standard cubic feet per day

The Nigerian Petroleum Development Company (NPDC), an exploration and production subsidiary of the Nigerian National Petroleum Corporation (NNPC), says it will boost gas...

SPDC appeals judgment for its asset sale 

  SPDC says it has filed an appeal and an application for a stay of execution of enforcement of the purported sale of interests...

FG inaugurates Gas Transportation Network Code to engender domestic use, economic development

  In a bid to enhance the use of gas as a catalyst for national economic development, the Nigerian National Petroleum Corporation (NNPC)...

NNPC resolves 1993 Oil Mining Lease 130 Dispute, Signs Pact with Partners

            Poised to upscale production to 3million barrels per day and inject gas revenues of about   $510million into the...

NNPC sold ₦92.58bn worth of products in May 2020 – Report

The Nigerian National Petroleum Corporation (NNPC) says it sold   ₦92.58 billion worth of white products in May 2020. During the period, the...

Post-COVID-19: UBA provides $200m for Nigeria’s petroleum industry

  The United Bank for Africa Plc (UBA) says a $1.5 billion pre-export finance facility for the Nigerian National Petroleum Corporation (NNPC) and...

Former GMD NNPC Joseph Dawha dead

Joseph Thlama Dawha, former Group Managing Director, GMD of the Nigerian National Petroleum Corporation, NNPC,  is dead. Dawha replaced  Andrew Yakubu as GMD...

48m barrels of Nigerian crude “abandoned’’ in China, whistleblower’s  5 per cent compensation, an elaborate hoax, scam

    A snow job by some international crude oil fraudsters which has triggered a controversial request for the payment of 5 per...

Post-Covid-19 Oil Industry: Nigeria, Uganda, Others Mull Regional Integration

  Africa’s oil producing countries can develop their technological capacities by learning from Nigeria if regional integration is embraced as a survival strategy...

$1.05bn Withdrawal: Report totally baseless, untrue – NLNG

The Nigeria LNG Limited (NLNG) has reacted to a media gaffe over alleged withdrawal of $1.05 billion from the company’s  dividend account by the...

Kyari to PPMC Board : Sustain energy sufficiency in Nigeria

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has urged the newly reconstituted Board of the Petroleum...