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Crude oil theft

Niger Delta Is A Privatized And Sacrificed Zone

Niger Delta: Poverty Amidst Plenty, A Region In Desperate Need Of Transformation

By Jude Dike In the heart of Nigeria, where the air smells of oil and the soil holds an abundance of wealth, the Niger Delta region stands as a stark paradox: an area blessed with natural resources yet plagued by poverty, environmental

February 2, 2025

Oil & Gas·Opinion

Assessing War On Crude Oil Theft In Nigeria

Nigeria’s major source of foreign revenues are the crude oil resources and this makes this natural endowment a national treasure. This is why whatever happens in the crude oil sector of the economy shapes the national conversations. One phenomenon that has

October 24, 2024

Business·Oil & Gas

Expert Calls For Maximum Utilisation Of All Oil Wells As Production Declines Further

Wumi Iledare, has called on authorities in Nigeria's oil and gas sector to come up with drastic measures to ramp up crude oil production which is the major revenue earner for the country.

April 15, 2024

Nigeria Optimistic On Achieving 1.7mpd Crude Despite November Output Drop

FEATURES·Oil & Gas

Oil Theft Continues To Frustrate Nigeria’s Efforts To Ramp Up Production

Increasing crude oil production output which provides over 90 per cent of Nigeria’s revenue has continued to elude the country due to theft. Oil theft in Nigeria has been a long-standing issue, with billions of dollars worth of crude oil stolen from

November 29, 2023

Business·News·Oil & Gas

Nigerian Military Seizes Over 500,000 Litres Of Stolen Crude Oil In One Week

The Nigerian military has seized over 500,000 litres of stolen crude oil as part of an intensified crackdown on illicit activities in the country’s oil-rich Niger Delta region. Maj.-Gen. Edward Buba, Director of Defense Media Operations, declared the success of Operation Delta Safe. Speaking at a

November 23, 2023

1.78mpd Oil Output Project Can Be Achieved – NNPCL

Business·News·Oil & Gas

NNPCL Kicks As Nigeria Records 172 Crude Oil Theft Incidents In 1 Week

The Chief Executive Officer, Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari has described the destruction of over 5,000 kilometers of oil pipelines by vandals as a national calamity, with the country recording 172 crude oil theft incidents across different states between

November 22, 2023

Senate Speedily Passes N2.176trn Supplementary Budget, Cites Dry Season As Reason

Business·Oil & Gas

Senate Demands Stiffer Punitive Measures As Nigeria Loses N2.3trn To Crude Oil Theft

Senator Ned Nwoko has disclosed that Nigeria has suffered a loss of N2.3 trillion due to crude oil theft in 2023. Disclosing this yesterday, he emphasized that the socio-economic impact of pipeline vandalism and oil bunkering has plunged the nation into a

October 11, 2023

News

Transparency, Accountability In Oil Sector ‘ll Curb Theft – Dr Mbamalu

To tackle theft in Nigeria’s oil and gas industry, the Federal Government has been advised to practise the culture of transparency and accountability in managing the resources. Publisher of Prime Business Africa (PBA), Dr. Marcel Mbamalu, gave the advice during newspaper review

July 7, 2022

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Crude oil theft

Niger Delta: Poverty Amidst Plenty, A Region In Desperate Need Of Transformation

Assessing War On Crude Oil Theft In Nigeria

Expert Calls For Maximum Utilisation Of All Oil Wells As Production Declines Further

Oil Theft Continues To Frustrate Nigeria’s Efforts To Ramp Up Production

Nigerian Military Seizes Over 500,000 Litres Of Stolen Crude Oil In One Week

NNPCL Kicks As Nigeria Records 172 Crude Oil Theft Incidents In 1 Week

Senate Demands Stiffer Punitive Measures As Nigeria Loses N2.3trn To Crude Oil Theft

Transparency, Accountability In Oil Sector ‘ll Curb Theft – Dr Mbamalu

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