Per Second News is the leading source in Nigeria for current news and events for the energy, oil and gas industry.
Contrary to reports making the rounds, the Minister of State for Petroleum Resources, Sen. Heineken Lokpobiri says he did not direct the Nigerian...
Nigeria may experience a significant gas supply crisis by 2030, with a potential shortfall of 3.1 billion cubic feet per day, according to...
Oil prices jumped by over a dollar in early trading on Wednesday, fuelled by escalating tensions in the Middle East. Brent futures rose...
Ogun Gov. Dapo Abiodun has disclosed that the subsidy on fuel, if not curbed by President Bola Ahmed Tinubu, would have cost the...
Imbued by patriotic spirit and well-being of Nigerians, the Nigerian National Petroleum Company Ltd (NNPC Ltd.) has continued to prioritize the welfare of...
The Nigerian National Petroleum Company Limited (NNPC Ltd ) has announced a significant increase in the country’s crude oil production, from 1.4 million...
The Presidency has announced the take-off of the $550 million upstream gas project between the Nigerian National Petroleum Corporation Limited and TotalEnergies on...
In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become fashionable...
Crude oil exports accounted for 74.98 percent of Nigeria’s total export value in the second quarter of 2024, according to the Nigeria Bureau...
For defrauding people of $1.2 million through an EB-5 visa scam and an additional $368,698.24, the Lagos State Special Offences Court sitting in...
In accordance with the Petroleum Industry Act (PIA) 2021 provisions for transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the...
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a deal with the China Engineering & Machinery Corporation (CMEC) for the co-funding...
The Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, has said that the $6 billion owed to oil traders...
The Dangote Oil Refinery will supply a total of 25 million litres of petrol to the Nigerian market daily starting from this September,...
Alhaji Aliko Dangote has officially announced the commencement of petrol production at the Dangote Refinery in Lekki, Lagos. He praised President Bola Tinubu’s...
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has acknowledged recent reports in national newspapers regarding the company’s significant debt to petrol suppliers....
