Navy Nabs 28 Suspected Oil Thieves In Ondo
Men of the Anti-Crude Oil Theft patrol team of the Forward Operating Base of the Nigerian Navy, Igbokoda, Ondo State, ...
Tag: oil
NNPCL Discovers Over 4, 800 Illegal Connections On Oil Pipelines In Nigeria
The Nigerian National Petroleum Company Limited (NNPCL) says it discovered over 4,800 illegal connections on oil pipelines in the country ...
FG Reveals Plan To Revoke Unused Oil Licences
The Nigerian Upstream Petroleum and Regulatory Commission has said the Federal Government is planning to revoke unused oil exploration leases ...
FG Accuses 23 Oil Blocks Of Failing To Produce Crude
No fewer than 23 oil blocks managed by both international and local oil companies, which are under crude oil Production ...
Court Awards N100bn Damages To Oil Host Community
A Federal High Court on Friday, 15th September, 2022, in a landmark judgement, awarded the sum of 100 billion naira ...
Oil prices climb as U.S. stock drawdown eases supply glut fears
Oil prices advanced on Thursday as a drawdown of the U.S. crude inventories and output cuts by major producers helped ...
Wike announces Rivers state Government acquisition of Shell’s OML 11
RIVERS STATE GOVERNOR, Nyesom Wike has announced Rivers State Government’s acquisition of Shell Petroleum Development Company (SPDC) 45% operating stakes ...
Nigeria loses $1.35b (N481b) to oil theft — NEC
The National Economic Council, NEC, on Thursday said that Nigeria has lost 22.6 million barrels of oil to the activities ...