Search Result for: Crude oil theft

Nigeria’s N39.55trn debt, heightened insecurity, crude oil theft in Niger Delta: Adeboye expresses palpable fears

"Don’t say that Pastor Adeboye said there would be no election next year, that is not what I said. Adeboye does not...

FG decries rising crude oil theft, says $3.27bn lost to oil thieves in 14 months

The Federal Government has expressed worry over the high rate of crude oil theft in the Niger Delta. It added that the...

Smuggling, Crude Oil Theft: NNPC, EFCC, Others Partner to Tackle Economic Crime

The Nigerian National Petroleum Corporation (NNPC) says it is collaborating with the Economic and Financial Crimes Commission (EFCC) and other security agencies...

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...

Nigeria’s crude output to hit OPEC’s 1.8m barrels per day — Kyari, says NNPC is winning oil theft war, combating crude losses

Nigeria’s crude oil production output is steadily growing and it is expected to hit the 1.8 million barrels per day OPEC quota,...

Crude oil, petrol theft, a big industry, national wealth rip off, says NNPC GMD

      Uncomfortable with the large-scale crude oil and petrol theft in the country, the Group Managing Director of Nigerian National...

NSCDC Arrests Five Suspects, Recovers 20,000 Litres of Stolen Crude Oil

NSCDC Arrests Five Suspects, Recovers 20,000 Litres of Stolen Crude Oil The Nigerian Security and Civil Defence Corps (NSCDC) has made a...

Tinubu’s marching order shoots up oil production output to 1.7 mbpd— Soneye

The Nigerian National Petroleum Company Limited (NNPC Ltd ) has announced a significant increase in the country’s crude oil production, from 1.4...

NNPC Ltd and challenges in the oil sector: Banire misconceives the facts, promotes biased views

In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become...

Cross-border fuel smuggling: Oil Minister says security agencies are complicit

The Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has pointedly addressed the issue of fuel smuggling to neighboring countries, saying...

Nigerian troop foils oil theft worth N846m, arrest 302 suspects in Niger Delta

The Nigerian Armed Forces said on Friday that they have successfully foiled a single oil theft operation worth ₦846 million in the...

Tony Elumelu to FG, security agencies: Tell Nigerians stealers of Nigeria’s crude oil

Nigerian billionaire businessman, Tony Elumelu has said the Nigerian government and security operatives should tell Nigerians those who steal the country’s crude...

NNPC Ltd’s state of emergency on crude oil production pays off, raises output to 1.61m bpd in July 2024

Following the Nigerian National Petroleum Company Limited’s (NNPC Ltd) declaration of a state of emergency on crude oil production, daily production has...

Oil production: National Assembly pledges legislative support for NNPC Ltd

The National Assembly has thrown its weight behind NNPC Limited’s ongoing efforts to boost Nigeria’s crude oil production and grow its reserves,...

Navy uncovers two illegal crude oil refining sites in Delta State

The Nigerian Navy Ship (NNS) Delta, has uncovered two illegal refining sites with 45,000 litres of products suspected to be stolen crude...

NNPC Ltd. uncovers 165 illegal refineries, 400 incidents of oil theft and vandalism

With its relentless efforts against oil theft and vandalism, the Nigerian National Petroleum Company Limited (NNPC Ltd) uncovered 165 illegal refineries in...