Oil theft: NNPC to deploy drones in Nigeria’s territorial waters
The Nigerian National Petroleum Corporation, NNPC, Tuesday, promised to tackle the issue of crude oil theft with the deployment of drones across the nation’s territorial waters to monitor the inwards and outwards movement of oil vessels.
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.
