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