Oil & Gas

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

Baru Has Transformed NNPC Trading Company From Debtor Status To Profitability Says Aide

Nigeria National Petroleum Corporation (NNPC) Group Managing Director (GMD) Dr. Maikanti Baru has reaffirmed his commitment to consolidate the NNPC group, especially its...

Senators knock NNPC’s Baru…launches internal investigation of GMD, Duke Oil

[dropcap]S[/dropcap]enators from both parties Wednesday knocked Mr Maikanti Baru, the group managing director of the NNPC for not being transparent in the administration...

Fresh $26 billion contract award crisis hits Baru’s NNPC

[dropcap]I[/dropcap]n the gigantic NNPC Tower, Minister of  State for Petroleum Resources, Dr Ibe Kachikwu and GMD of the NNPC, Dr Maikanti Baru both...

Iran To OPEC: Address Rising Output From Nigeria, Libya

[dropcap]I[/dropcap]ran’s Oil Minister Bijan Namdar Zanganeh on Monday said that the Organization of Petroleum Exporting Countries, OPEC,  needs to address rising output from Libya...

Tambuwal Wants NNPC to Explore Oil in Sokoto Basin

…As Baru Assures of adequate fuel Supply Sokoto State Governor, Rt. Hon. Aminu Waziri Tambuwal, has appealed to the Management of the Nigerian...

Apapa Jetty Fire Will Not Affect Supply of Petroleum Products, NNPC Assures Nigerians

The Nigerian National Petroleum Corporation on Monday advised consumers of petroleum products not to engage in panic buying following a fire incident which...

Shell, Shoreline signs $300m gas deal

Shoreline Energy has signed a $300 million agreement with the local unit of Shell to develop gas infrastructure around the commercial capital, Lagos,...

NNPC, ExxonMobil Fine-Tune Strategy for Improved Production

[dropcap]T[/dropcap]he Nigerian National Petroleum Corporation (NNPC) and its upstream joint venture partner, ExxonMobil, are seeking new measures to expand existing operational portfolio with...

Ohaneze kick against NNPC’s uneven appointment

[dropcap]I[/dropcap]gbo socio-political group, Ohanaeze on Sunday expressed dissatisfaction at the “consistent disdain” for the South East by the Muhammadu Buhari administration. “As long...

NNPC Crashes Petrol, Cooking Gas Prices Nationwide

The sustained strategic intervention of the Nigerian National Petroleum Corporation (NNPC) in the efficient supply and distribution petroleum products has led to significant...

Major shake-Up in NNPC

….Roland Ewubare is New Head of NAPIMS The ongoing restructuring of the Nigerian National Petroleum Corporation, NNPC received fresh impetus on Tuesday with...

NNPC Tasks Indigenous Companies to Bid for 30 Marginal Fields

The Nigerian National Petroleum Corporation (NNPC) has urged members of the Independent Petroleum Producers Group (IPPG) to participate in the forthcoming bid round...

Nigeria’s oil output in July slightly below 1.8 barrels per day, says Kachikwu

Minister of Petroleum, Dr Ibe Kachikwu has revealed that Nigeria’s oil production, excluding condensates, was slightly below 1.8 million barrels per day in...

Shell begins gas production from Gbaran-Ubie project

Anglo-Dutch oil major Royal Dutch Shell (RDSa.L) has started gas production from the second phase of the Gbaran-Ubie project in Nigeria, the company...

Conmen sell fake NNPC oil allocation papers

The Nigerian National Petroleum Corporation (NNPC) has raised the red flag on the activities of con men who specialize in circulating phantom letters...

You are hurting the economy, Baru tells pipeline vandals

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru has appealed to oil pipeline hackers to desist from such...