Oil & Gas

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

NNPC, Shell Set to Grow Oil Reserves

The Management of the Nigerian National Petroleum Corporation (NNPC) and its age-long partner, Shell Petroleum Development Company (SPDC), on Tuesday expressed resolve to...

Kyari vows greater transparency, accountability as GMD NNPC

The new Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has vowed to continuously entrench Transparency, Accountability, and Performance...

Kyari thumbs-up OPEC decision on Production cut

Nigeria is in support of the Organization of the Petroleum Exporting Countries (OPEC)’s decision to extend production cuts to 2020, OPEC National Representative...

Former GMD, NEITI, Applaud Kyari’s Choice As NNPC’s Boss

Petroleum industry veteran and a former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation, NNPC, has described the appointment of Mr....

12 Things You Should Know About New NNPC GMD Mele Kyari  

1, Mele Kyari was born on the 8th of January 1965 in Maiduguri, Borno State. 2, He attended Government Community Secondary School Biu...

Shell Vows Not To Return To Ogoniland

The Nigerian unit of Royal Dutch Shell has said the company doesn’t have any plans to return to exploring or producing oil in...

Nigeria’s new tax regime on Deep Offshore, Inland Basin bother oil and gas companies

A new tax regime being put in place by the Nigerian government seems to bother operators in the country’s oil and gas sector,...

No NNPC Staff Arrested for Suspected ATM Fraud Says Corporation’s Spokesman   

The Nigerian National Petroleum Corporation (NNPC) has clarified that none of its staff was involved or arrested in the suspected fraudulent ATM transaction...

How NNPC Saved $1.6bn from Arbitration with Atlantic Energy Drilling Concept

… As Forensic Institute Confers Honorary Fellowship Award on Baru for Anti-Corruption Crusade The Nigerian National Petroleum Corporation (NNPC) has recorded a $1.6bn...

NNPC posts N15.04bn trade surplus in January, up from N12.13 bn from Dec 2018

The Nigerian state oil corporation, NNPC, posted a 24 percent trade surplus of N15.04 billion in January 2019, from the N12.13 billion surplus...

SEPLAT announces inauguration of AGPC reconstituted Board

Seplat Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange (NSE) and London...

We don’t have formula to end fuel subsidy for now – FG 

The Federal Government Wednesday said it is yet to find a workable formula to cushion the effect on the most vulnerable Nigerians, which...

Barkindo, Momoh, Others Get EuroKnowledge Awards in London

The Secretary General of OPEC, HE Mohammad Sanusi Barkindo, Mr John Momoh, the Chairman of Channels Television and Mr Benedict Peters, the founder...

NNPC says no looming fuel scarcity

The Nigerian National Petroleum Corporation (NNPC) Thursday appealed to Nigerians to disregard trending social media report of an impending fuel scarcity due to...

Report Depot Owners Selling Petrol Above N133.28k To DPR — NNPC

… Says Pump Price of Petrol Remains N145 Per Litre   The Nigerian National Petroleum Corporation (NNPC) has warned depot owners or terminal...

Baru: NNPC confident Nigeria will reach 2019 oil production targets

The Group Managing Director (GMD) of NNPC, Dr. Maikanti Baru, on Tuesday expressed confidence the corporation would meet the target of 2.3 million barrels of...