Search Result for: Crude oil theft
NAF destroys illegal oil refining sites along Imo River Bank.
The Nigerian Air Force has made giant strides in the fight against crude oil theft as its Air Component of Operation Delta...
Nigerian troops foil oil theft worth N91bln, destroy 3,051 dugout pits
The Nigerian troops have foiled oil theft operations estimated to be worth over N91 billion in a major crackdown on oil theft...
Oil sector attracted $16.6bln investments under Tinubu administration – Lokpobiri
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has announced that about $16.6 billion investments have been committed to Nigeria’s...
Rivers NSCDC busts nine stolen crude oil refiners extracted from vandalized oil wellheads
The Nigeria Security and Civil Defence Corps (NSCDC) says it has apprehended nine people involved in crude oil theft at an illegal...
Nigeria’s oil production nears 1.7mbpd – NNPC Ltd
Nigeria’s crude oil production is approaching 1.7 million barrels per day, according to the Group Chief Executive Officer (GCEO) of the Nigerian...
War against oil theft: Tug boat conveying illegal diesel arrested, 115 oil thefts in one week – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) says a tugboat conveying suspected illegally refined Automotive Gas Oil, popularly called diesel, has been...
Tantita, NSCDC, destroy illegal large oil store in riverine area of Ondo State
The Nigerian Security and Civil Defence Corps (NSCDC) and Tantita Security Services Nigeria Limited, a private security company, have thwarted attacks from...
NNPCL records 214 oil theft cases in one week in Niger Delta
The Nigerian National Petroleum Company Ltd. (NNPCL) says it has recorded at least 214 incidents of oil theft in the past week....
NNPCL to hit 2m barrels per day crude oil production in 2024
The Nigerian National Petroleum Company Ltd (NNPCL) has set a production target of two million barrels of crude oil per day in...
Oil theft: 163 incidents recorded,16 suspects arrested in Niger Delta in one week
The Nigerian National Petroleum Company Ltd. (NNPC Ltd) has matched its words with action in the war against crude oil theft with...
NNPCL, Kyari Record Another Win For Nigeria With European Market’s Acceptance Of Nembe Oil Blend by Ifeanyi Onuba
The Nigerian National Petroleum Company Limited last week announced the introduction of Nembe Crude Oil Grade, into the international crude oil market....
Nigeria now pumps1.67m barrels of crude oil, condensates daily — NNPCL GCEO, Kyari
Nigeria has raised its daily output of barrels of oil and condensates from a million to 1.67 million, Mr Mele Kyari, NNPCL...
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...
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...
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...
Alleged $2.4bn revenue loss from phoney sale of 48m barrels of crude to China: House of Reps absolves NNPC, Kyari, others of any wrongdoing
“It would take about six months and 12 days for Nigeria produce up to 48 million barrels of Nigeria’s bonny light as...
