Search Result for: Crude oil theft

Just in: Crude oil losses: Minister’s aide retracts statement, calls it media publication error

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has distanced himself from a statement credited to him that theft and...

Barge, truck laden with stolen crude, eight suspects busted in Niger Delta

In a wave of operations, a barge and truck with consignments of stolen crude oil have been intercepted in the Niger Delta....

Oil theft substantially curtailed by new security architecture in Niger Delta — Wunti

Upbeat by the successes being recorded in the fight against crude oil theft and pipeline vandalism, the Chief Investment Officer of the...

Oil theft figures: Navy did not indict NNPCL, says media report inaccurate, bundle of lies

The Nigerian Navy has described as untrue and concocted tissues of lies a report credited to it that the Nigerian National Petroleum...

Oil theft: FG, multinationals must secure nation’s pipelines — Ikpea

Worried by the loss of billions of dollars to crude oil theft in the country, an engineering firm has asked the Federal...

Publish names of oil thieves in two weeks or face legal action, SERAP tells Buhari 

Worried by the mindless and unrestrained plundering and theft of the country’s oil, the Socio-Economic Rights and Accountability Project (SERAP) has asked...

Niger Delta oil theft: Vessel captain, others busted by Tompolo’s security services

After the discovery of about 50 points where crude oil was pumped into vessels on the high seas, a private security outfit...

Nigeria loses $700m monthly to monstrous oil theft in Niger Delta — NNPC

The monstrous oil theft and security challenges in the Niger Delta area of the country has cost a huge loss if 470,000...

Energy Security: FG floats National Oil Reserve Company on Build, Operate and Transfer arrangement —  GCEO, NNPC, Kyari

A National Oil Reserve Company is floated to ensure energy security for Nigeria, the GCEO of the Nigerian National Petroleum Company Ltd...

N4bn oil pipeline surveillance contract: Best decision to curb oil theft, says APC chieftain

A chieftain of the All Progressives Congress (APC) and activist, Dr Kailani Muhammad, has lauded the Nigerian National Petroleum Company Ltd (NNPC)...

NNPC GMD, Kyari, seeks special court for oil theives

The Group Managing Director of the Nigerian National Petroleum Company (NNPC) Ltd, Malam Mele Kyari, has called for a special court to...

Oil theft has reduced Nigeria’s oil production to less than 1.5m barrels per day, says NNPC GMD, Mele Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Ltd, Malam Mele Kyari, has expressed concern over Nigeria’s inability to...

Large-scale pipeline vandalism, crude oil thievery in billions of dollars ongoing in Niger Delta – NNPC GMD, Kyari, raises alarm

Says disruption in the region had brought down oil production with the country lifting less than 1.5 million barrels per day

Revenue: Future of crude oil bleak, taxation only sustainable source – FIRS boss

By Ajuma Edwina Ameh The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, says the future of crude oil as a...

Nigeria’s Navy Ship Targets Oil Thieves in Niger Delta Raids, Seize Over 80,000 Ltrs of AGO

  The Nigerian Navy are on the offensive in the Niger Delta, in a bid to stop a lucrative oil smuggling business....