Oil theft

Oil Theft: 10,166 Illegal Refineries, Crude Pipeline Connections Destroyed In Nigeria Since 2021 – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) says 10,166 illegal refineries and crude oil pipeline connections have been destroyed in… Read More

4 months ago

NNPCL Records Over N2trn Profit Amid Battle Against Oil Theft

Nigerian National Petroleum Company Limited (NNPCL) announced its historic profit of N2.548tn in 2022, marking its peak since establishment. Read More

4 months ago

Nigeria Records 164 Crude Oil Theft Incidents In One Week

The Nigerian National Petroleum Company (NNPC) Limited revealed that between 19 to 25 August 2023, about 164 crude oil theft… Read More

8 months ago

Oil Theft: Shell Discovers 460 Illegal Connections To Its Trans Niger Pipeline

Chairman of Shell Companies in Nigeria, Osagie Okunbor, said the oil and gas company discovered 460 illegal connections on its… Read More

1 year ago

Oil Thieves Attack Tony Elumelu’s Oil Firm’s Asset In Rivers State

Tony Elumelu’s oil firm, Heirs Holding Oil and Gas Limited, was attacked by oil thieves at Otamiri-Etche, Etche Local Government… Read More

1 year ago

Nigeria Earns About $104.58 million Daily From Crude Oil, As Output Skyrockets

Nigeria earned at least $104.58 million daily from crude oil in February 2023, as Africa’s largest oil producer pumped 1.3… Read More

1 year ago

Nigeria Reclaims Largest Oil Producer Spot, Produces $3.09 billion Worth Of Crude

Nigeria reclaimed its top spot as Africa’s largest oil producer in November, after relinquishing the position to Libya in the… Read More

1 year ago

NNPC Reveals Nigeria Loses 700,000 barrels Per Day To Oil Thieves

The Chief Upstream Investment Officer at the NNPC Upstream Investment Management Services (NUIMS), Bala Wunti, said Nigeria loses 700,000 barrels… Read More

1 year ago

NNPC Reveals Why Nigeria Loses $150 million Every Day, Defends Low Earnings

Over $150 million is lost daily by the country according to the Chief Financial Officer (CFO) of the Nigerian National… Read More

2 years ago

Five Ways Angola, Libya Taking Over Africa’s Biggest Oil Producer List Affects Nigeria

Nigeria has lost its position as the biggest crude oil producer in Africa, with Angola and Libya taking over, as… Read More

2 years ago

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