Oil theft – Page 2 of 2 – Prime Business Africa

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 the Federal Government struggle against oil vandalism and crude oil theft in the country. In an Oil Market Report released by Organisation

September 14, 2022

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

Business·Oil & Gas

NNPC Boss, Mele Kyari, Says Churches, Mosques Involved In Crude Oil Theft

Religious leaders in Nigeria have been accused by the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, of aiding oil pipeline vandalism. Kyari said there’s a network of vandals operating against oil companies, as well as

August 31, 2022

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

Five Reasons NNPC Lost $1.06 billion Oil Revenue In One Month

The Nigerian National Petroleum Company (NNPC) Limited lost $1.068 billion oil revenue in one month as the corporation struggles to curb crude oil loss, preventing the firm from remitting into the federal account. NNPC’s loss was as a result of the 9.4

August 25, 2022

Business·Oil & Gas

Lai Mohammed Reveals Why Buhari Can No Longer Remove Fuel Subsidy

The Nigerian government has revealed why the removal of petrol is impossible at this period, while also disclosing the routes oil thieves are using to steal millions of barrels produced by the country. According to the Minister of Information and Culture, Lai

July 5, 2022

Insights·Oil & Gas

Russia Oil Ban Hands Nigeria, Oil Thieves Opportunity To Increase Revenue

Ban on Russian oil from Europe has created an opening for oil thieves in Nigeria, Nigerian government and members of Organization of the Petroleum Exporting Countries (OPEC) and allies, OPEC+, to raise their oil revenue. European Union members had hit Russia’s production

June 2, 2022

News

IPMAN Partners EFCC To Combat Oil Theft In Niger Delta

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has sought the support and intervention of the Economic and Financial Crimes Commission (EFCC) in curbing oil theft and pipeline vandalism in the Niger Delta.

May 16, 2022

Ilorin Court Jails Femi Adeshina’s Impersonator To 28 Years For Fraud

News·Top Stories

Court Jails Three Men For Oil Theft In Port Harcourt

FEDERAL High Court sitting in Port Harcourt, Rivers State has convicted and sentenced three individuals to three months Community Service for illicit dealings in petroleum products.

October 20, 2021

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Oil theft - Page 2

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

NNPC Boss, Mele Kyari, Says Churches, Mosques Involved In Crude Oil Theft

Five Reasons NNPC Lost $1.06 billion Oil Revenue In One Month

Lai Mohammed Reveals Why Buhari Can No Longer Remove Fuel Subsidy

Russia Oil Ban Hands Nigeria, Oil Thieves Opportunity To Increase Revenue

IPMAN Partners EFCC To Combat Oil Theft In Niger Delta

Court Jails Three Men For Oil Theft In Port Harcourt

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