NNPC GMD to end oil theft in 8 months, to use drones to monitor oil vessels
Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr Emmanuel Kachikwu has disclosed that oil theft would be eradicated in the next eight months as the corporation has put in place measures to check the menace and bring perpetrators to book.
NNPC to enforce N50/litre kerosene price; allays fears of scarcity
The Nigerian National Petroleum Corporation, NNPC, and its downstream subsidiary, the Pipelines and Products Marketing Company, PPMC, yesterday, threatened to sanction marketers and other stakeholders engaged in the sale of kerosene above the approved price to Nigerians.
NNPC disagrees with Shell on $700m loss
Nigerian National Petroleum Corporation, NNPC, has disagreed with claims that Shell lost $700 million to oil theft in the second quarter of the year.
Police arrest informant, 3 other alleged pipeline vandals
Operatives of the Inspector-General of Police Special Task Force on Anti-Pipeline Vandalism Unit, weekend, arrested four suspected pipeline vandals in Shagamu area of Ogun State and recovered a 33,000-litre truck loaded with petroleum products siphoned from the Nigerian National Petroleum Corporation, NNPC, pipeline.
Nigeria loses N191bn to crude theft, vandalisation
Nigeria has suffered a shortfall of N191billion ($1.23 billion) in the first quarter of 2013, due to drop in crude oil production.
