Tag: Oil theft
NNPC loses $700m monthly to oil theft
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that it lost $700 million monthly to crude oil theft.
The NNPCL said it lost 470,000...
NNPC: Churches, mosques, communities involve in oil theft
The Group Chief Executive Officer of the Nigeria National Petroleum Corporation Limited (NNPC Ltd.), Mele Kyari, has again raised the alarm over the involvement...
Minister inaugurates 8 gunboats to fight oil theft
The Minister of Interior, Rauf Aregbesola, on Tuesday, inaugurated eight gunboats for the Nigeria Security and Civil Defence Corps (NSCDC) as part of efforts...
NSCDC boss orders personnel to tackle oil theft, protect govt assets
The Commandant-General of the Nigeria Security and Civil Defence Corps (NSCDC), Ahmed Audi, has directed State Commandants and Zonal Commanders to halt the operations...
Minister: Nigeria loses 400,000 barrels daily to oil theft
Nigeria is losing 400,000 barrels of crude daily through oil theft, Minister of State for Petroleum Resources, Timipre Sylva, has said.
Sylva described the development...
Oil theft: Shell to monitor pipelines, wellheads with drones
The Shell Petroleum Development Company (SPDC) has signed a contract to acquire drones to monitor its pipelines and wellheads in the Niger Delta.
SPDC’s General Manager,...
Court jails vessel captain over oil theft
The Economic and Financial Crimes Commission (EFCC) has secured the conviction of a vessel captain, Omosehin Ipinle, for unlawful possession of 120 metric tonnes...
FG: Nigeria lost $3.27bn to crude oil theft in 14 months
The Federal Government has revealed that about $3.27 billion worth of crude oil has been lost to vandalism over the past 14 months, saying...
Oil theft: IGP’s team arrests 42 suspects, impounds 41 trucks
The Inspector-General of Police Special Task Force on Petroleum/Illegal Bunkering (IGP-STFPIB) has arrested no fewer than 42 suspects, impounded 41 trucks and 13 other...
NUPRC probes oil theft, sets up panel of experts
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set up a team of experts to carry out thorough auditing of the activities of operators...
