Oil & Gas

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

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...

Nigeria to Boost Domestic Gas Supply by 600mmscfd

As a major step on attaining sufficiency in domestic gas supply, the Nigerian National Petroleum Corporation (NNPC), has executed a Final Investment Decision...

Nigeria, India agree on stronger ties on energy sector    

The Nigerian government will deepen its commitment to stronger ties with the Republic of India towards enhancing the energy security of both countries,...

Buhari To IPMAN: Let’s join forces and fish out oil smugglers

President Muhamamdu Buhari on Friday, urged members of the Independent Petroleum Marketers Association of Nigeria (IPMAN), to join forces with the Federal Government...

Petroleum Ministry Rejects Report Claiming “Irregularities” In Oil Lease Renewal

The Ministry of Petroleum Resources has just issued a strongly worded statement in reaction to recent media reports claiming that, the House of Representatives...

NNPC Strikes $8.441 Billion Joint Venture Deals With SEEPCO, Shell, Agip, Others To Develop Oil Leases, Boosts Gas Production 

In an effort to further consolidate the revenue profile of the Nigeria National Petroleum Corporation (NNPC), the Group Managing Director (GMD) Dr. Maikanti...

October saw 42.9 percent rise in Pipeline Vandalism

The number of attacks targeting pipelines in Nigeria in October increased by 42.9 percent, according to the Nigerian National Petroleum Corporation (NNPC). The...

Nigeria in talks with financiers to raise $3.15bn to increase oil output

Nigeria’s state run oil corporation, the Nigerian National Petroleum Corporation (NNPC) says it’s in talks with third party financiers to raise as much...

TFP: NNPC and triumph of national interest

By Sufuyan Ojeifo The Nigerian National Petroleum Corporation (NNPC) announced its recent award of the 87-kilometre Trans Forcados Pipeline (TFP) surveillance contract to...

I call myself the queen of collaboration, Oge Modie, Kachikwu’s Chief of Staff

Sitting in an expansive corner office at the 10th floor of the NNPC Towers is one of the most powerful woman in Nigeria’s...

N800bn Subsidy Claim: Buhari’s enemies plotting to return fuel queues, Marafa warns

All Progressives Congress (APC), Senator Kabiru Marafa, representing Zamfara Central, has warned that if marketers are not paid the outstanding of N800 billion,...

Senate Committee Chairman Sets the Record Straight on Alleged Missing $1.05bn NLNG Dividend

The Chairman of the Senate Committee on Gas, Senator Bassey Albert, Thursday in Abuja, set the record straight on the ongoing investigation of...