Tag: crude oil theft
Tompolo alleges sabotage in fight against crude oil theft
Ekpemupolo stated this when he played host to the national leadership of the Nigerian Bar Association ( NBA), on Tuesday…
Crude oil theft: NSCDC uncovers two illegal pipeline connection points in Rivers
The spokesperson stated that the Commandant-General’s Special Intelligence Squad (CGsSIS) discovered the illegal connections following an intelligence report
Nigerian govt. discovers illegal crude oil connection in Abia
“Oil theft is one of the reasons why Nigeria cannot meet her OPEC daily production quota,’’ he stated.
Nigerian Army, Navy officers behind oil theft: Asari Dokubo tells Tinubu
Asari Dokubo has told President Bola Tinubu that the Nigerian Army and the Nigerian Navy are responsible for the bulk…
Companies, security agencies aiding oil theft in Rivers – LG Chair
He spoke in reaction to last week's crude oil pipeline explosion that resulted death of at least 12 people in…
Oil theft significantly reduced, NNPC’s Kyari says
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd) has said cooperation with Nigerian security has significantly reduced…
Reps to probe burning of vessel involved in oil theft
By Femi Ogunshola The House of Representatives has resolved to probe circumstances that led to the setting ablaze of an…
Oil theft: Navy, others have questions to answer- Senate Committee
The Senate had in April 14, 2022 constituted the 13- man committee chaired by Akpan to unravel the impact of…
Churches, mosques involved in Nigeria’s oil theft
He said so far, the NNPC, in conjunction with security agencies, had destroyed 959 metal tanks for storage purposes, 737…
Aregbesola inaugurates 8 gunboats to fight oil theft
Aregbesola said the move became necessary to strengthen the combative capacity of the NSCDC’s Anti-Vandalism Squad in stemming huge revenue…
Nigeria loses $10m daily to crude oil theft – TotalEnergies MD
Sangster said TotalEnergies had declared a force majeure on its OML 58 and had stopped production since Feb. 24 due…
Aiteo loses $240m crude to thieves
Aiteo Eastern Exploration and Production, operators of OML 29, said the activities of oil thieves have assumed alarming proportions, leading…
Oshiomhole tasks royal fathers on crude oil theft
Jethro Ibileke/Benin Governor Adams Oshiomhole of Edo state has appealed to royal fathers in the South-South to help check the…
Britons arrested for crude oil theft innocent, says employer
The employer of the two British nationals arrested for an alleged plot to steal oil from a pipeline in Nigeria…
2 Britons, 10 Nigerians arrested for crude oil theft
Two Britons and 10 Nigerians have been arrested on charges of trying to bribe a military officer to facilitate oil…
Nigeria budgets $1billion to fight oil theft
President Goodluck Ebele Jonathan said Sunday at The Hague that the Federal Government has earmarked one billion U.S Dollars for…
Oil theft reduced to 40,000 barrels per day, says Uduaghan
Governor Emmanuel Uduaghan of Nigeria’s Delta state said on Thursday in Abuja that the volume of oil theft in the…
Tambuwal Urges EFCC To Prosecute Oil Thieves
The Speaker of Nigeria’s House of Representatives, Aminu Tambuwal, has urged the Economic and Financial Crimes Commission (EFCC) to arrest…
Nigeria’s unrest, crude theft dent Shell’s profit again
Royal Dutch Shell’s net profit slid 35 percent in the third quarter on lower refining margins and disruption to production…
Shell issues force majeure on Nigeria’s oil export
Shell warned on Friday it may not meet production targets for crude exports in Nigeria after it shut down a…
Oil theft: Navy hands over 61 suspects to police
The Central Naval Command of the Nigerian Navy in Yenagoa on Tuesday handed over 61 suspected oil thieves to the…
Crude oil theft: Shell shuts key Nigerian pipeline again
Royal Dutch Shell has closed a key Nigerian oil pipeline due to oil theft less than a week after it…
Nigeria to fight oil thieves with N15 billion
Nigeria’s Federal government has set aside the sum of N15 Billion for provision of equipment and logistics that will help…
Chatham House: Nigeria oil theft a global criminal enterprise
Oil theft in Nigeria is a huge criminal operation affecting companies and states around the world, but interest in tackling…
Nigeria loses $1.2 billion to oil thieves in a month
Nigeria lost about 1.2 billion dollars to oil thieves in a single month of the first quarter of 2013, an…
$7b racket: Nigeria moves to rein in oil thieves
Governor Godswill Akpabio of the southern Nigerian state of Akwa Ibom has been appointed as the head of the Committee…
Oil theft threat to Nigeria’s security, says Gov. Dickson
Governor Seriake Dickson of Bayelsa state has said that oil theft is a threat to Nigeria’s security and blamed it…
Breaking News: ENI suspends oil drilling in Bayelsa state
Italian energy major ENI said on Saturday it had suspended its activities in Bayelsa state in southern Nigeria due to…
Nigeria faces crisis as oil output slumps
Nigeria’s mono-cultural economy faces gloomy days ahead as flooding and large-scale theft of crude drove Nigerian oil output to the…
Leaked Ribadu report exposes rot in Nigeria’s oil sector
A total of $183m in signature bonuses paid by oil companies to the federation is missing, according to a confidential…