Nigeria is suffering the worst wave of oil production disruptions in four years, with output falling to levels last seen before the government’s amnesty programme ended militancy in the Niger Delta, the Financial Times reported on Tuesday. Industrial scale oil theft, sabotage and technical problems, according to the report, have caused crude output to drop…
Read MoreThe Commander, NNS Jubilee, Akwa Ibom, Commodore Isaac Ogbole, on Tuesday said the joint patrol teams of Nigerian Navy – NNS Jubilee and NNS Victory, Calabar, killed six pirates and injured one . Ogbole said this in Ikot Abasi, Akwa Ibom while briefing newsmen on the activities of the command. He said that local fishermen…
Read MoreItsekiri, under the aegis of Save Itsekiri Group, SIG, have alleged that Delta State Oil Producing Areas Development Commission, DESOPADEC, has failed them. The group said that although the Itsekiri nation received the highest allocation among the oil-producing areas, based on oil production quota, it was the least developed. In a statement by Mr. Johnson…
Read MoreNigerian National Petroleum Corporation, NNPC, yesterday, confirmed the oil spillage at Ejigbo area of Lagos State which occurred in the early hours of Saturday, saying two samples of the leakage had been taken for laboratory test to ascertain the true nature of the spill. The spillage was discovered in a well belonging to one Mr.…
Read MoreOfficials of the Nigeria Security and Civil Defence Corps (NSCDC), Lagos State Command and the Inspector General of Police Special Task Force on Anti-pipeline Vandalism, at the weekend uncovered illegal oil wells in both Lagos and Kogi States respectively. The operatives of the NSCDC had at Alimatu Ilo Street, Ejigbo, Oshodi/Isolo Local Government Area of…
Read MoreStakeholders in the Nigerian oil and gas industry have condemned the destruction of recovered stolen crude oil in the Niger Delta by the Joint Task Force, citing environmental and ecological reasons. This dominated discussions at the Conference on Oil Theft and Illegal Bunkering in the Niger Delta recently organised by the Office of the Special…
Read MoreFor 11 Nigerians and a Camerounian suspected of oil theft, the day of justice is approaching. The end of the road in their nefarious activities came recently when officials of the Nigerian Navy intercepted their boat and arrested them for allegedly stealing 10,000 litres of illegally refined diesel off the waterways of the Egweama community…
Read MoreThe Nigeria Navy, NN, authorities say piracy in the Gulf of Guinea, GoF, cost the world economy about $940 million last year, with an expected rise in loss this year. The Flag Officer Commanding, FOC, Western Naval Command, WNC, Rear Admiral Ibok-Ette Ibas, made this disclosure while speaking to journalists about the forthcoming Offshore Patrol…
Read MoreThe Joint Task Force code-named Operation Pulo Shield has destroyed 48 illegal refinery camps in the Niger Delta in a renewed offensive against crude oil theft in the blighted region. Also, 40 wooden boats known as ‘Cotonou boats’ used by the oil thieves were destroyed by the operatives of the Special Security Forces who also nabbed…
Read MoreRoyal Dutch Shell’s Nigerian unit is containing an oil spill in the Niger Delta, the company said on Friday, after the military reported liquid “jetting” out of a pipeline. Massive oil theft, sabotage of infrastructure and leaks from ageing pipelines are all cutting into the profits of oil majors operating in Nigeria, as well as…
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