389 incidents of crude oil theft recorded in 14 days oil theft
The NNPCL said the incidents were recorded as follows: 23 cases in deep blue water; 86 incidents in Western region, 141 incidents in Eastern region and 139 incidents in Central region.
Tag: NNPCL
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FG to tackle petrol supply challenges through modular refineries — Minister
Lokpobiri noted that the shortest way to tackle the issues of short supply of PMS is ensuring effective refineries.
Nigeria grapples with oil theft surge
Oil theft has resulted in the declaration of force majeure at the Bonny Oil & Gas Terminal and the shutting-in of various wells from fields that connect to the Nembe Creek Trunk Line and the Trans Niger Pipeline.
OPINION: Subsidy removal – What went wrong?
In view of the above and the government’s frequent policy reversals, there is a need to have a close look at the management of subsidy removal by the current administration.
Refinery delays contribute to Abuja’s fuel challenge
Pavlov noted that plenty of Nigerian crude is already contracted under term agreements, so questioned how Dangote will be able to secure enough feedstock.
Tinubu flags off independent power plant project in Abuja
On completion, the NNPCL said the GIPP Project will generate an average of 10.3 million Megawatt hours (MWh) of electricity per year
If Nigeria is serious about dealing with oil thefts, it will end in two weeks —Bayelsa monarch, Dakolo
Dakolo faulted the government’s current approach to fighting oil theft.
Tapping into Nigeria’s natural gas potentials, Tinubu’s bold move
This facility aims to reduce the largest black nation’s reliance on fossil fuel, particularly petrol, as Nigeria moves into a post-subsidy era.
Anxiety as marketers predict six-month fuel scarcity, prices rise
The sole importer of the commodity – Nigerian National Petroleum Company Limited, has repeatedly complained of the enormous burden of shouldering fuel subsidy for the country.
Oil theft: Tompolo uncovers another illegal pipeline operating near military post in Delta
Sources said that oil companies, oil bunkers, Nigerian National Petroleum Corporation, NNPCL, and security officials jointly steal crude oil through the illicit pipeline connected to the trunk line through an abandoned pipeline by the Nigerians Agip Oil Company Limited, NAOCL, and linked to a location in the high sea, where they load crude oil into vessels and sell overseas.