Oil & Gas

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

Fight against crude theft: NSA lauds service chiefs, ministers, NNPCL leadership, community security contractors, others

The National Security Adviser, retired AIG Nuhu Ribadu, has commended the spirited efforts of the government security forces, community security contractors, and the...

Port Harcourt refinery back on stream in December, Warri, Kaduna follow in 2024, says Minister, Lokpobiri

“Warri will come on stream by the end of the first quarter of next year, and Kaduna will also come on board towards...

Oil Prices Under Pressure Across The Globe As Economic Concerns Mount

Oil prices fell in Asian trading early on Thursday, losing ground for a fourth consecutive day, as market participants are concerned about the...

BREAKING: Relief for Naira as NNPCL Ltd secures $3bn crude repayment Afrexim Bank loan

In a bid to salvage and stabilize the exchange rate and shore up the value of the Naira, the Nigerian National Petroleum Company...

One dead, three missing as Seplat Oil rig collapses

One person has been confirmed dead while three others are missing as Seplat ‘Majestic’ Oil rig collapsed near Ovhor in Delta State The...

No plan to increase petrol pump price — NNPCL

Amid speculations of increase in pump price of petrol and threat by the Organized Labour to embark on industrial action over any further...

6 things you should know about groundbreaking of NNPCL 1,350 MW Gwagwalada Independent Power Plant Project

President Bola Ahmed Tinubu.on Friday performed the groundbreaking of the Nigerian National Petroleum Company Limited (NNPCL) 1,350 MW Independent Power Project at Gwagwalada...

Clean energy: NNPCL to bolster its gas development, transportation projects — Kyari

In a bid to attain United Nations Sustainable Development Goal (SDG) Goal 7 of clean energy, the Group Chief Executive Officer of the...

NNPCL’s post-PIA consolidation deals, crude oil production benchmark, foreign investment, freeing the entity from govt. control: An assessment

Prior to the inauguration of the Petroleum Industry Bill (PIB) and its signing into law, the nation’s oil industry was a cesspool of...

Cooking gas price set to crash as NNPCL partners UTMOL

“The collaborative initiative will result in the creation of 3,000 direct employment and an additional 4,000 indirect employment” In its bid to make...

Market price: NNPCL not responsible for sudden raise in petrol pump price — Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr Mele Kyari, said on Tuesday that the increase in...

Petrol pump price moves up to N617

Oil marketers on Tuesday increased petrol pump price shockingly from N537 per litre to N617 per litre, showing an additional N80 hike. The...

All You Need To Know About TotalEnergies’ $27 Billion Deal With Iraq

All is now set for the long-awaited US$27 billion four-pronged megadeal between France’s TotalEnergies and the Federal Government of Iraq has received the...

NNPCL set to destroy vessel caught with 800,000 litres of stolen crude oil

…a Senate Committee report on oil theft in Nigeria between January and August 2022 stated that Nigeria lost N1.3tr ($2 billion), a huge...

Oil theft: Military, security company intercept massive Turkish vessel with150,000 barrels illegally sourced crude in Delta

The Nigerian military in partnership with Tantita Security Services Ltd says it has intercepted a massive Turkish vessel carrying 150,000 barrels of illegally...

Updated: Tinubu gives presidential assent for $5bn Nigeria’s first Floating Liquefied Natural Gas project

In a bid to further boost Nigeria’s gas resources, President Bola Tinubu has given full presidential support to the implementation of the country’s...