Oil & Gas

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

Nigeria’s oil marketers say strike inevitable in December

It looks like Nigerians may experience recurring fuel shortages this Christmas through the New Year as Nigeria’s oil marketers have insisted on going...

Petroleum marketers shelve planned strike over unpaid subsidy claims after agreement with FG  

Petroleum marketers on Thursday announced a decision to shelve their planned strike over unpaid subsidy claims after reaching a settlement with the Nigerian...

Baru woos investors in London, says Nigeria remains best destination for return on investments

As NNPC showcases roadmap toward making Energy Hub of Africa in London* The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC)...

NNPC clarifies reaction to Trans Forcados Pipeline Surveillance Contract

The Management of the Nigerian National Petroleum Corporation (NNPC) has proffered informed perspective on the reported award of oil infrastructure surveillance contract to...

NNPC sets the record straight on 70,000 staff

  The Management of the Nigerian National Petroleum Corporation (NNPC) pushed back strongly against recent media claims that the corporation has 70,000 staff in...

NNPC GMD Signs Performance Contract with Top Management

Nigerian National Petroleum Corporation (NNPC), Group Managing Director, Dr. Maikanti Baru, has signed performance agreements with his management team to ensure that all the...

Natural Gas Key For Development And Economic Growth – Minister

NNPC’s COO Gas & Power, Saidu Mohammed on Tuesday said that Natural Gas is a driver for development and central to sustainable Development...

NNPC Records Crude Oil and Gas Export Sale of $470m in August

The Nigerian National Petroleum Corporation (NNPC) has said that crude oil and gas export sale by the corporation in August 2018 was $470million,...

NIDAS, NNPC Subsidiary, Returns to Global Oil Shipping Market

  … Firm to benefit from DSDP, Crude Oil Term Contracts Freight deals  The Nigerian National Petroleum Corporation (NNPC) has announced the re-entry...

NNPC Launches Virtual Gas Pipeline System

… AS Nigeria’s Proven Gas Reserves Hit 202 Trillion Cubic Feet A major stride in the drive for optimization of the nation’s vast...

Baru Commends Oil Workers Over Averted Nationwide Strike

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has commended the leaderships of the National Union of Petroleum and Natural...

PANDEF opposes sale of Oil field, OML 25, vows to resist 

Pan Niger Delta Forum (PANDEF) led by Ijaw leader, Chief Edwin Clark, has opposed the planned sale of Belema oil field, OML 25, ...

NNPC asks NUPENG, PENGASSAN to suspend strike over Chevron dispute 

By Ruth Olurounbi Following threat of a strike action by the National Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum...

NNPC says funding structure for Ajaokuta-Kano gas pipeline project almost ready

Nigeria’s oil corporation, the Nigerian National Petroleum Corporation (NNPC) on Wednesday says it has made “significant progress” in negotiating the funding terms and...

NNPC Targets 10 Biofuel Complex Nationwide, Signs MOUs with Chinese Consortia

The Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) in China with Nigerian-Chinese consortia towards developing sustainable biofuels in...

$200m Nigerian Content Fund Now Available to Oil companies

A N72 billion ($200 million) intervention fund, a single digit interest pool of loan designed by the Nigerian Content Development and Monitoring Board...