crude oil theft – InfoStride News

NNPC records 400 incidents of oil theft in one week

Temitope Nlewemchi — Thu, 27 Jun 2024 10:21:12 +0000

The Nigerian National Petroleum Company (NNPC) Ltd has recorded a total of 400 incidents of crude oil theft in the past week. This is according to the company’s weekly program tagged “Energy and You” which states that these incidents include; illegal refineries, illegal connections, vandalism, oil spills, illegal storage locations and others. According to the [...]

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Nigerian Army Vows to Destroy Arrested Vessel Suspected of Crude Oil Theft

Ifeanyi Nwagboso — Fri, 09 Feb 2024 21:00:40 +0000

The Nigerian Army has pledged to destroy an arrested vessel, Harbor Spirit, suspected of crude oil theft in accordance with established rules of engagement. The Army also announced that all arrested crew members onboard the vessel would be evacuated to Abuja for investigation by the Defense Intelligence. Brig. Gen. Ugochukwu Vitus Unachukwu, Commander of the [...]

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NNPC Records 157 Cases of Crude Oil Theft in a Single Week

Temitope Nlewemchi — Wed, 17 Jan 2024 21:51:05 +0000

The Nigerian National Petroleum Corporation (NNPC) has reported a concerning surge in crude oil theft, recording a total of 157 cases within a single week. This revelation highlights the persistent challenge of illegal activities within the country’s oil and gas sector, with crude oil theft posing significant economic and environmental threats. The spike in crude [...]

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Analyst Stresses Nigeria’s Ongoing Battle Against Crude Oil Theft

Temitope Nlewemchi — Wed, 29 Nov 2023 19:56:08 +0000

Analysts have indicated that Nigeria is aware of the ongoing challenges it faces in addressing crude oil theft. In a report dated November 29 by S&P Global Commodity Insights, Clementine Wallop, a senior adviser to the political risk consultancy Horizon Engage, expressed the view that Nigeria’s oil sector is grappling with difficulties, emphasizing that there [...]

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NNPCL Reports 172 Crude Oil Thefts in Nigeria from Nov 11-17

Temitope Nlewemchi — Wed, 22 Nov 2023 17:19:11 +0000

**Infostride News Report: Surge in Crude Oil Theft Incidents Raises Concerns** In the period spanning from November 11 to November 17, Nigeria witnessed a troubling surge in crude oil theft incidents, with a staggering total of 172 recorded cases. This revelation comes from a comprehensive report by the Nigerian National Petroleum Corporation Limited (NNPCL), presented [...]

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NEITI: Nigeria Loses N471 Billion to Pipeline Vandalism in 5 Years, with 7,143 Incidents

Temitope Nlewemchi — Tue, 07 Nov 2023 21:49:57 +0000

The Nigerian Extractives Industries Transparency Initiative (NEITI) has revealed alarming statistics concerning pipeline vandalism and its financial implications for Nigeria. Dr. Ogbonnaya Orji, the Executive Secretary of NEITI, disclosed these findings during a keynote address on pipeline security, oil theft, and their impact on economic growth at the 2023 International Pipeline Technology and Security Conference [...]

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President Buhari On His Way To Malabo For Talks On Joint Maritime Policing

Wale Adebayo — Mon, 14 Mar 2016 07:37:55 +0000

President Muhammadu Buhari will travel to Malabo today for talks with President Obiang Nguema Mbasogo of Equatorial Guinea on further measures to protect the people and resources of the Niger Delta and Gulf of Guinea. A statement by presidential spokesman Femi Adesina said the conclusion and signing of an agreement by Nigeria and Equatorial Guinea for [...]

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