Oil & Gas

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

Photos: Forbes, FIN Honours NNPC GMD Maikanti Baru

Foreign Investment Network (FIN) United Kingdom in partnership with Forbes honored Dr. Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Company...

End fuel scarcity before weekend, FG directs Kachikwu, Baru

The Federal Government has ordered the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu,  and the GMD of NNPC, Dr Maikanti Baru,...

Fuel Queues: NNPC GMD Baru Rushes Back Home…Abandons Forbes Award

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kacalla Baru, Tuesday, cut short his trip to London In...

Obasanjo gives NNPC thumbs up for ensuring National Energy Security

Former President, Chief Olusegun Obasanjo, has commended the Management of the Nigerian National Petroleum Corporation (NNPC) for ensuring an uninterrupted supply of petroleum...

NNPC Retail to Promote Consumption of LPG

As Sagamu 24/7 Ultra Mega Fuel Station set for Commissioning  The retail arm of the Nigerian National Petroleum Corporation (NNPC), NNPC Retail Limited,...

SPDC JV’s Afam VI power plant secures licence for another 10 years

The Nigeria Electricity Regulatory Commission has renewed the power generation licence for Afam VI Power Plant, a 650MW-capacity facility that has delivered over...

Shell Companies emerge best in sustainability innovation in Africa

 Shell Companies in Nigeria (SCiN) have emerged the 2017 Best Nigerian companies in Sustainability Innovation in Africa, beating two other finalists at the...

Minister denies rift between Baru, Kachikwu, says there is no $25b fraud

Minister of Information and Culture, Alhaji Lai Mohammed, says recent media reports of a rift between  Minister of State Petroleum, Dr Ibe Kachikwu...

Brazil’sPetrobras to Sell Stake in Nigeria JV to Reduce Debt

Brazilian state-run integrated energy company Petróleo Brasileiro S.A. or Petrobras PBR has announced plans to divest its 50% stake in its oil exploration...

Oil price hits two year high as avengers renewed threat may affect supply

A global oil price surge is set to drive up the cost of petrol through the Christmas holiday season and experts are warning...

104 Nigerian youths receive NNPC/SNEPCo scholarships

More than 100 pupils from Nigeria’s six geo-political zones have been awarded full-board six-year secondary school scholarships by the Shell Nigeria Exploration and...

End game for Kachikwu as tanker drivers, oil marketers threaten Shutdown if he fails to resign

[dropcap]A[/dropcap] ground swell of disapproval among key stakeholders in the oil and gas industry and some  members of the Federal Executive Council FEC...

Shell Nigeria lifts force majeure on Bonny Light exports

[dropcap]R[/dropcap]oyal Dutch Shell’s Nigeria subsidiary says it has lifted the force majeure imposed on Bonny Light crude oil exports a month ago. Company...

NNPC Stocks 2billion Litres of Petrol for Hitch-Free Year-end Movements of Motorists

The Nigerian National Petroleum Corporation (NNPC) has a stock of over two billion litres of Premium Motor Spirit (PMS), also known as petrol,...

Zero Fuel Scarcity: Baru Gets Thumbs-Up From Road Transport Owners,Tanker Drivers

[dropcap]T[/dropcap]he Nigerian Association of Road Transport Owners, NARTO, and the Petroleum Tankers Drivers branch of the National Union of Petroleum and Natural Gas...

NNPC to Reinvigorate Exploratory Activities in Seven Inland Basins

… As Gov. Gaidam Applauds Baru on Reforms As part of strategies to shore up the nation’s reserve base, the Nigerian National Petroleum...