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Army uncovers 14 reservoirs of three million litres of stolen crude oil in Rivers forest
The Six Division of the Nigerian Army in Port Harcourt, Rivers State said it has discovered 14 illegal crude…
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NUPRC issues ultimatum on 3% remittance to oil communities
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has threatened to revoke the licences of oil operators or settlors who failed…
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Crude oil theft, biggest threat to Nigeria’s economy– NSA
The National Security Adviser (NSA), Maj.-Gen Babagana Monguno (retd.), yesterday said crude oil theft was arguably the biggest threat to…
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Crude oil refining in PH refinery ‘ll reduce pump price – NOGASA
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) says resumption of crude oil refining in the Port Harcourt…
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Agenda for oil theft special investigative panel
By Kayode Adebiyi Since crude oil was discovered in Oloibiri, in present-day Bayelsa, in 1956, there has been an existential…
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Nigeria loses 700,000 barrels of crude oil to thrives daily–Minister
Nigeria loses at least 700,000 barrels of crude oil to thieves daily, Minister of State for Petroleum Resources, Chief Timipre…
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Shell resumes crude oil export operations at Forcados Oil Terminal
Shell Petroleum Development Company (SPDC) has resumed export operations at the Forcados Oil Export Terminal, where repair works on the…
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Military destroys 167 illegal refineries, intercepts over 2 million barrel of crude oil, others
By Linus Aleke The Military High Command on Thursday said that troops of Operations Delta Safe and Dakatar da Barawo…
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CRUDE OIL: Daily basket price now $113.39 per barrel – OPEC
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at 113.39…
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FG is determined to end crude oil theft – Sylva
The Federal Government says it is determined to stop the economic devastation occasioned by the activities of illegal refiners, pipeline…
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