Tag: Crude Oil
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FG targets December to increase oil output to 2m bpd
The Federal Government says it is targeting to increase crude oil production to two million Barrels Per Day (bdp) and beyond by the end of the year.
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Oil theft: Troops crackdown on oil thieves in Imo, Delta
The Nigeria Army on Wednesday, confirmed its cracked down on illegal refineries in Imo and Delta, with the seizure of several litres of illegally refined Petroleum products.
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Nigeria still losing 400,000 barrels of crude oil daily – Ribadu
The National Security Adviser (NSA), Malam Nuhu Ribadu, says the country is still losing 400,000 barrels of crude oil daily to local and international thieves despite efforts to end the menace. Ribadu confirmed this when he led a presidential delegation to inspect oil and gas facilities at Owaza in Abia and Odogwa in Etche Local…
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BREAKING: 54,000/60,000 bpd targeted as P/Harcourt refinery set to resume production
Minister of State, Petroleum Resources, Heineken Lokpobiri, said the Port Harcourt Refinery would resume production by December with a target of 54,000 to 60,000 barrels of refined petroleum products per day. Lokpbiri gave the assurance on Friday during a facility
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Exploration impact: All rivers in Bayelsa are filled with crude – Sen Dickson [PHOTO]
…bags GICES award for excellence in environmental services to mankind Ex-Governor of Bayelsa and a serving Senator, Henry Seriake Dickson has said due to decades of oil exploration, all rivers in his home state are filled by crude. TheNewsGuru.com, (TNG) reports Dickson made this revelation after receiving an award by a coalition of environmental NGOs…
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Stolen 150,000 litres of crude oil set ablaze in Delta state
A vessel ladened with 150,000 litres of stolen crude oil in Delta State has been set on fire by Operatives of Tantita Security Limited and Nigerian National Petroleum Company. There are reports flying around that the vessel, MT TURA II(IMO Number:6620462) with Registration Number, RC 813311 is owned by Holab Maritime Services Limited.
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Pipeline surveillance firm counters ex-agitators, explains disparities in remunerations
The management of Zane Energy Nigeria Limited has restated its firm commitment to ensuring that crude oil theft remained a thing of the past in its area of operation. The organization maintained that it would not be distracted from the job of sustaining the peace within the Isoko and Urhobo axis despite sponsored blackmail. In…
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Illegal sale of 48m barrels of crude: Reps send 2nd invite to AGF, Finance Minister
The House of Representatives Ad-hoc Committee probing the Alleged Illegal Sale of 48 million Barrels of Crude oil to Foreign Destinations has re-invited the Attorney-General of the Federation and Minister of Justice AGF Mr Abubakar Malami SAN and the Minister of Finance Dr Mrs. Zainab Ahmed to appear on Thursday May 25,2023 at 10:00 am…
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NNPCL nabs suspected thieves with over 600 barrels of crude oil
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has intercepted an illegal Crude Oil Barge and arrested six suspected crude thieves in Warri, Delta State.
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Malami faults allegation of losing $2.4bn from crude oil sale to China
The Minister of Justice and Attorney General of the Federation (AGF) Abubakar Malami has dismissed claims that Nigeria lost over 2.4 billion dollars revenue from alleged illegal sale of 48 million barrels of crude oil exported in 2015 to China. Malami faulted the allegations in Abuja on Thursday at the resumed hearing of Reps ad-hoc…