Oil & Gas

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

NNPC Pledges Support to FG’s Aspiration to Generate 10GW of Electricity

…As Chinese Banks Begin Oil and Gas Projects’ Financing in Nigeria In its bid to support the Federal government’s aspiration to increase power...

NNPC Set To Increase Federal Government Revenue by $30 Billion

…As Baru Inaugurates Anti-Corruption Committee The Nigerian National Petroleum Corporation (NNPC) has disclosed that the four major investments it recently embarked upon with...

NNPC Commended For Clean, Updated Audit

Once again, the Nigerian National Petroleum Corporation, NNPC, has received a positive audit report. ‘’Let me at this juncture commend the Group Managing Director,...

Energy Integration: Nigeria to Extend Gas Pipeline to Cote d’ Ivoire

The Nigerian National Petroleum Corporation (NNPC) has said the West African Gas Pipeline (WAGP) would be extended from Ghana to Cote d’ Ivoire...

Chad Basin Ambush: NNPC Announces Short Term Palliatives for Family of Victims

The Vice-Chancellor of the University of Maiduguri, Prof. Ibrahim Njodi has pledged the commitment of the institution to go the whole hug with...

Shell Shuts Down Supply Pipeline in Ogoniland

Shell’s Nigeria division has shut down a key crude supply pipeline in Ogoniland because of a leak. “Efforts are ongoing for a joint investigation...

Africa’s Prosperity Lies in Human Resources Not Extractive Potentials- Osinbajp

Remarks made by the Acting President, Federal Republic Of Nigeria, Professor Yemi Osinbajo, San, Gcon at the Extra-Ordinary Session of the Council Of...

NNPC Hits Milestone As Daily Gas Supply to Power Plants Increases by 64 Per Cent

The average national daily gas supply to the nation’s power plants has risen by 64 per cent,  according to the Nigerian National Petroleum...

Kerosene: Nigeria Refineries Meet 60 Percent of Local Consumption, Says NNPC

[dropcap]T[/dropcap]he Nigerian National Petroleum Corporation (NNPC) on Sunday revealed that the Port Harcourt, Warri and Kaduna refineries, are presently producing five million liters...

Premature for OPEC to Cap Nigeria, Libya Oil Output, Says Kuwait

OPEC member Kuwait on Friday said it would be premature to cap Nigerian and Libyan oil production as the two African countries’ output...

Kachikwu: Nigeria Will Support Cap on Oil Production

[dropcap]T[/dropcap]he federal government will support a cap on its oil production, minister of state for petroleum, Ibe Kachikwu, said Wednesday. The production cap...

All Eyes on Turkey As World Petroleum Congress kicks off in Istanbul

[dropcap]T[/dropcap]he 22nd World Petroleum Congress (WPC), the largest meeting of the oil and gas industry, opened in Istanbul on Sunday. Speaking at the...

Baru To NNPC Staff: Progress Made But Much Still To Accomplish In One-Year Anniversary Speech

…Secures $2Billion Discounts on Renegotiated Upstream Contracts [dropcap]T[/dropcap]he Nigerian National Petroleum Corporation, NNPC, has secured $2billion discounts in the last one year from...

NNPC’s Intervention: Diesel Continues Steady Decline Nationwide

Diesel oil prices continued to extend the declines since last week as recent strategic intervention of the Nigerian National Petroleum Corporation (NNPC)  has led...

NNPC Inches Towards 40 billion barrels oil Reserve Target

…As NNPC/FIRST JV Secures over $700 million Schlumberger Funding for New Fields Per Second News—- The Nigerian National Petroleum Corporation, NNPC, has inched...