The Nigerian National Petroleum Corporation (NNPC), says it is taking measures to address the menace of pipeline vandalism and crude oil theft in the nation’s Oil and Gas industry. The Group Managing. Director, Malam Mele Kyari disclosed this at the inaugural Nigeria Extractive Industries Transparency Initiative (NEITI) Policy Dialogue in Abuja on Tuesday. He said […]

By Michael Eboh & Prince Okafor Managing Director of Aiteo Exploration and Production Limited, Mr Victor Okoronkwo, yesterday, expressed concern over the rising spate of crude oil theft in the country, stating that the activities of vandals are posing serious security risks to oil assets across the country. Speaking in Bayelsa, at the ongoing 9th […]

The Edo State Governor, Mr Godwin Obaseki, has flayed the incessant cases of oil theft in the Niger Delta, bemoaning the loss of about 22 million barrels of crude oil in the first quarter of 2019, estimated at $1.35 billion. The governor disclosed this when he received a delegation of National Executive Committee of the […]

To effectively tackle the incidences of oil theft, pipeline vandalism and sea piracy in the country, the Chief of Naval Staff, Vice Admiral Ibot-Ete Ekwe Ibas has demanded the acquisition of additional vessels.

It has been revealed by Natural Resource Charter (NNRC) that Nigeria is the highest ever reported crude oil theft country in the world, with the country recording approximately 400,000 barrels per day (bpd) crude theft. The NNRC report, which was an aftermath of a survey on oil theft in the world, also said that Mexico […]

By Tordue Salem – Abuja The House of Representatives has stressed its resolve to tackle crude oil theft in the country and end recurring shortfall in crude oil revenues, hence, its resolve to probe serving and retired military officers. The chairman of the Ad hoc committee on crude oil theft, Hon Peter Akpatason, who said […]

By Johnbosco Agbakwuru The National Economic Council, NEC, on Thursday said that Nigeria has lost 22.6 million barrels of oil to the activities of petroleum pipeline vandalism and stealing of crude oil in the first six months of this year. The quantity lost is estimated at $1.35 billion (N481.95 billion). This is as NEC has […]

In January 2019, security operatives conducting surveillance on oil installations in Lagos State, nabbed Mr. Shuaibu Ogunmola, an alleged kingpin of oil pipeline vandalism in Lagos State, who it claimed was responsible for loss of millions of litres of petroleum products daily.

The Federal Government, on Tuesday, said it has successfully defended its right in a dispute against Switzerland over alleged oil theft in the Niger Delta region.

A report has revealed that oil theft has replaced activities of militants, with Nigeria losing 100,000 barrels daily, running into trillions of naira.

The  Federal Government says it is working on  technology that will enable the government  ascertain quantity of oil produced daily and  prevent  the theft of the product.

Ijaw Youth Congress, IYC, and Niger Delta Artisan Association, have pleaded with the Federal Government to create jobs for the teaming youths of Niger Delta region in order to put to an end restiveness and oil theft in the area.

Mr. Jones Abiri, the man said to have been arrested by the Department of State Services , DSS, is not a journalist and does not belong to any chapel of the Nigerian Union of Journlists, Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity clarified Thursday night.

WITH the introduction of Amnesty, training and capacity building of youths in the Niger Delta, expectations were high that the development would culminate in increased peace and end to vandalism, oil theft and illegal refining in the region.

The Court of Appeal, Lagos Division yesterday upheld the judgment of a Lagos Federal High Court, which sentenced nine foreigners to five years imprisonment each for stealing crude oil from Nigeria.