Tag: Crude oil
22 suspected oil thieves apprehended as military foils N388 million crude oil theft
Giving an update on the counter-insurgency fight, the military spokesman said a total of 191 terrorists were killed while 184 ...
$2.4 Bn Crude Oil Proceed: Malami Finally Agrees To Appear Before House Committee
The Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami says he's ready to appear before the ...
Senate indicts NNPC over N102bn crude oil deliveries
Nigeria National Petroleum Company Limited was indicted by the Senate on Wednesday for poor record-keeping for crude oil deliveries to ...
JUST IN: Crude oil explosion kills dozens in Rivers
Following an explosion at a crude oil tapping site in the Rumuekpe community in Rivers State's Emuoha Local Government Area, ...
Most of the stolen crude oil are found in churches and mosques – NNPC boss, Mele Kyari
Government officials, religious leaders, security agencies and even some NNPC staff have been accused of stealing the nation’s crude oil. ...
World Bank: Fuel subsidy puts Nigerian economy at high risk
The World Bank has disclosed that increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could ...
Crude oil theft: We’ve seized N200m worth of petrol products in two weeks – Nigerian navy
Nigerian Navy has disclosed that it has arrested and seized about N200 million worth of petroleum products from theives in ...
FG: P’Harcourt refinery to produce 60,000 barrels/day early 2023
Chief Timipre Sylva, the Minister of State for Petroleum Resources has stated that the April 2023 completion date for the rehabilitation ...
NNPC: We recorded $224m proceeds from crude oil, gas export in August 2021
Nigerian National Petroleum Company (NNPC) Limited has disclosed that it posted $224.29 million from crude oil and gas export proceeds ...
OPEC: Oil will continue to be leading energy source for decades
The Organisation of Petroleum Exporting Countries (OPEC) has stated that crude oil will continue to be the leading source of ...
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