Tag: crude oil
Track Down Crude Oil Thieves
Theft of crude oil is not a new phenomenon in the Nigerian oil industry. In fact, it has been going…
ExxonMobil issues force majeure on Nigerian export
US oil giant ExxonMobil’s Nigerian subsidiary said on Friday it may not meet contractual obligations on exports from Nigeria owing…
Crude Oil Theft: Oshiomhole Destroys 11 Oil Tankers
To send a strong warning to pipeline vandals and to discourage crude oil thefts and illegal oil bunkering in the…
Shell resumes oil export at Nigerian terminals
Anglo-Dutch oil group Shell said Friday it had resumed shipments of crude from its Nigerian export terminals Bonny and Forcados…
Civil Defence Corps Arrests 7 Oil Pipeline Vandals
Officials of the Nigeria Security and Civil Defence Corps (NSCDC) ,Abia Command, have arrested seven suspected oil vandals with 102…
2015: Anyaoku Tasks Politicians, Media
Former Secretary General of Commonwealth, Emeka Anyaoku has appealed to the media and politicians to spare the country of what…
The Dire Consequences Of Fuel Subsidy Removal
The Federal Government’s unpopular plan to fully remove fuel subsidy is a ticking time bomb that will do nobody any…
The Increasing Oil Theft In Nigeria —Gbenga Kayode
That crude oil wealth is the mainstay of Nigeria’s economy is not in doubt. The petroleum sector is said to…
‘Rogue Ship MT Madina Not Nigerian’
The Nigerian Maritime Administration and Safety Agency (NIMASA) has declared that the controversial vessel, MT Madina, is not a Nigerian ship…
Angola’s oil coy pulls out of Iran, Plans Refinery
Angola’s state oil company Sonangol announced Friday it is withdrawing from a natural gas project in Iran because of international…
Thieves cart away 7 per cent of Nigeria’s crude oil daily
Oil companies in Nigeria are battling against rising theft costing an estimated 150,000 barrels of crude a day, a top…
Shell’s Bonga Spills: Fishermen Spot Oil Near Akwa Ibom Shoreline
Fishermen in Inanga area of Akwa Ibom have reported sighting crude oil, suspected to have leaked from Shell’s Bonga Oil…
CBN, NNPC, ISAN, Others Meet Over Crude Oil Lifting
The Minister of Transport, Alhaji Yusuf Suleiman, stated recently that the inability of both the NNPC and ISAN to reach…