Tag: crude oil theft
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Senate moves to probe crude oil thefts in Niger Delta
The Senate has mandated its Committees on Petroleum Resources, (Upstream, downstream,) Gas, Host communities and Niger Delta to conduct investigation on oil theft in the region.
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Crude oil theft: Reps summon NNPC, NIMASA, NIWA CEOs
The House of Representatives ad hoc committee investigating crude oil theft has insisted on the appearance of the Group Chief Executive Officer of Nigeria National Petroleum Company Ltd (NNPC) and others before the committee.
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Ijaw elders write Tinubu over oil theft menace
Ijaw Elders Forum (IEF), a coalition of Ijaw groups, has written to President Bola Tinubu to demand a review of procedures in disposal of vessels and trucks seized for complicity in oil theft.
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Something fishy in our waters – By Dakuku Peterside
It is a scientific fact that water and oil do not mix, but in the complex and complicated world of criminal enterprise, this natural law does not apply. It is becoming evident that in Nigeria’s crude oil theft industry, there is an inexplicable convergence of interest against the interest of the country. This has gone…
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VIDEO: Nigeria to destroy 800,000 litres stolen crude despite refinery plans, high petrol prices
Nigeria’s state-owned oil firm, NNPC Ltd, has announced that an intercepted 800,000-litre vessel carrying suspected stolen crude oil off the coast of Cameroon will be destroyed as a deterrent to oil theft. Chief Corporate Communications Officer, NNPCL Garba Muhammad, said in a statement on Monday, that the oil was stolen from a well in south…
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Petroleum Ministry, NUPRC differ on crude oil loss in Nigeria
The Minister of State for Petroleum Resources, Chief Timipre Sylva has attributed the loss of revenue from crude production to theft, pipeline vandalism and decayed infrastructure.
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40% of crude loses due to measurement inaccuracies – NUPRC
Approximately 40% of the volumes credited to crude losses in the Nigerian petroleum industry are actually attributable to measurement inaccuracies and not theft as often reported.
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FG orders security forces to end oil theft before May 29
The federal government has charged security agencies to end crude oil theft before the end of President Muhammadu Buhari’s administration on May 29.
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FG blames crude oil theft on worsening unemployment situation
T he Federal Government has attributed the menace of crude oil theft to the worsening unemployment situation in the country. Dr Chris Ngige, the Minister of Labour and Employment, said this while declaring open the 8th Meeting of the National Employment Council on Friday in Abuja.
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16 foreigners arraigned in Nigeria for oil theft
About 16 foreigners have been arraigned by the Federal High Court sitting in Port Harcourt, Rivers State, for offences bordering on conspiracy, stealing, attempt to deal in crude oil and false pretences. These foreign nationals were caught onboard a vessel, MT Heroic Idun.