Oil & Gas

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

Nigeria, Argentina to partner on gas exploration, production, says NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a possible gas exploration and production partnership with Argentina. The announcement was made via...

At NAPE 2023 Conference: NNPC Ltd bags Best Innovative Company Award

The Nigerian National Petroleum Company (NNPC) Ltd. has emerged as the 2023 Best Innovative Company of the Year at the just concluded 41st...

Dangote secures permit to process 300,000 barrels of Nigerian crude daily

Africa’s richest man, Aliko Dangote, says Dangote Refinery has secured license to refine more than 300,000 barrels of Nigerian crude per day and...

Hostilities between Russia and Ukraine has taken its toll on our inflow into international market – NNPC Ltd.

The Russia-Ukraine Crisis has triggered unprecedented ripple effects in the global economic space, with the Nigerian National Petroleum Company Limited (NNPC Ltd.) suffering...

NNPC/Aiteo Joint Venture Launches Nembe Crude Oil Grade

The NNPC/Aiteo Joint Venture has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade, into the international crude oil...

NNPCL’s Failure To Remit $15bn Oil Revenues Into Federation Account Not True — Spokesman

The Nigerian National Petroleum Company Limited (NNPCL) has denied reports that it failed to remit $15 billion in oil revenues into the Federation...

Again, Pres. Tinubu, Kyari lauded for reviving the nation’s oil and gas sector

For reviving the nation’s oil and gas sector, President Bola Tinubu and the Group CEO of the Nigeria National Petroleum Company Limited (NNPCL), Malam...

FG’s foreign exchange liquidity booster:  NNPCL, Qatar to provide $10bn inflow

The Nigerian National Petroleum Company Ltd (NNPCL) and Qatar are to mobilize $10 billion for the Federal Government to ease liquidity crunch in...

FG not paying petrol subsidy again — NNPCL GCEO, Kyari

Contrary to insinuations on the social media, the Bola Tinubu administration has not returned to payment of subsidy to any person or group...

Nigeria set to export petroleum products in 2024 – Kyari

The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Mr Mele Kolo Kyari, said on Monday that Nigeria is ready...

Just In: No intention to increase petrol pump price, disregard speculations – NNPC

Contrary to speculations, the Nigerian National Petroleum Company Ltd (NNPCL) said on Friday that it has not increased pump prices of petrol and...

Ceaseless blackmail on NNPCL leadership: Arewa Youth Assembly berates sponsors, petitions Police, DSS

Perceived ceaseless attacks against the top management of the Nigerian National Petroleum Corporation Limited (NNPCL) especially its Group Chief Executive Officer, Mallam Mele...

Crude production: NNPCL, NCDMB, IOCs sign deal to reduce contracting cycle from 333 days to 180

In a bid to increase efficiency and reduce cost of crude per barrel, the Nigerian National Petroleum Company Ltd (NNPCL) and the Nigerian...

Kyari in New York, says Nigeria committed to use of gas as transition fuel, attain zero flare by 2026

In a bid to align to the United Nations Sustainable Development Goals, the Nigerian National Petroleum Company Ltd says the country is committed...

Transition to renewable energy: NNPCL signs to join UN Global Compact in New York

The Nigerian National Petroleum Company Ltd (NNPCL) on Thursday in New York, U.S. signed to become a participant of the United Nations Global...

Crude oil theft fight raises Nigeria’s crude oil production to 1.72m barrels per day in September — NNPCL

Nigeria’s crude oil production has been raised to 1.728 million barrels per day as at September 2023 following aggressive anti-crude oil theft efforts...