crude oil

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Bayelsa community, soldiers clash over alleged stolen crude oil

Bayelsa community, soldiers clash over alleged stolen crude oil

 By Samuel Oyadongha & Emem Idio – Yenagoa Tension heightened Friday in the oil-rich Biseni Community in Yenagoa Local Government Area of Bayelsa State as youths and women prevented men of the Nigerian Army from freeing five tankers conveying crude oil believed to have been stolen. A community source who spoke anonymously, told Vanguard, “last […]

AGF promises to help NEITI track oil & gas revenue

AGF promises to help NEITI track oil & gas revenue

By Emma Ujah – Abuja The Office of the Accountant General of the Federation (OAGF) has pledged to support the Nigeria Extractive Industries Transparency Initiative (NEITI) in tracking oil and gas revenue that accrue to the Federal Government to ensure appropriate remittances. The Accountant General of the Federation (AGF), Mr Ahmed Idris, gave the pledge […]

We have accurate record of crude production, DPR replies NEITI

We have accurate record of crude production, DPR replies NEITI

The Department of Petroleum Resources (DPR) on Friday defended itself against claims by the Nigeria Extractive Industries Transparency Initiative, NEITI, that no Nigerian knows the exact volume of crude oil produced in the country especially at deep offshore field. Mr Paul Osu, Head, Public Affairs, DPR, in a statement issued in Lagos, said every litre […]

We’ve accurate record of crude production – DPR

We’ve accurate record of crude production – DPR

The Department of Petroleum Resources (DPR) on Friday debunked claims that the exact volume of crude oil produced in the country was not known. Mr Paul Osu, Head, Public Affairs, DPR, in a statement issued in Lagos, said every litre of crude produced in the country was adequately captured during the process of extraction. Osu […]

No one knows for certain how much crude oil Nigeria produces – NEITI

No one knows for certain how much crude oil Nigeria produces – NEITI

…Seeks media support for reforms By Obas Esiedesa THE Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, NEITI, Dr. Orji Ogbonnaya Orji has stated that no Nigerian knows the exact volume of crude oil produced in Nigeria especially at deep offshore fields. Dr. Orji explained that the absence of meters at wellheads and the […]