Troops recover N2.6bn crude oil, arrest 104 suspects
The Defence Headquarters on Friday said troops in the South-South region recovered stolen crude oil and other related products valued at N2.6n, DAILY POST reports.JAMB Result According to…
Dangote refinery secures licence to refine 300,000bpd crude
Africa’s wealthiest individual, Aliko Dangote, has made a significant announcement regarding his refinery’s operations. He confirmed that the Dangote Petroleum Refinery has obtained a license to refine over…
Military Destroys 89 Illegal Refining Sites, Recovers Stolen Crude Oil in Niger Delta
The Defence Headquarters (DHQ) says troops of Operation Delta Safe have in the last two weeks, uncovered and destroyed 89 illegal refining sites in the Niger Delta region….
Nigeria Still Losing 400,000 Barrels Of Crude Oil Daily, NSA Adviser
National Security Adviser (NSA), Nuhu Ribadu, at the weekend, said Nigeria is still losing 400,000 barrels of crude oil daily to local and international thieves, despite efforts to…
NNPC failed to account for N102bn crude oil lifted —Senate
Auditor General has revealed in a report that the Nigerian National Petroleum Corporation Limited (NNPCL) was unable to account for crude oil deliveries worth over $376,655,589 (N102.6 billion)…
China’s crude oil imports to rise
There is a possibility that China’s crude oil imports could rise to as high as 11.8 million barrels per day. THE NATION has reported that China, will also…
Alleged $2.4bn Revenue Loss: Reps Probe Sale Of Crude Oil From 2014
The House of Representatives has revealed its plans to investigate the alleged loss of over $2.4 billion in revenue accruing from illegal sale of 48 million barrels of…
Nigeria’s Crude Oil Production Standard 1.238m bpd In June – OPEC
Nigeria’s Crude Oil Production Standard 1.238m bpd In June – OPEC The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average…
OPEC Increases Nigeria’s Crude Oil Production Quota
OPEC Increases Nigeria’s Crude Oil Production Quota Organisation of the Petroleum Exporting Countries (OPEC) has announced it has increased Nigeria’s crude oil production quota from 1.766 million barrels…