Tag: crude oil theft

Nigeria launches first oil metering facility to tackle crude theft, boost revenue transparency

Business Damilola Bayonle -
NUPRC moves to end crude theft with first oil metering facility Nigeria’s upstream oil regulator has taken a decisive step...

Crude oil theft falls to record low in Nigeria

Business Damilola Bayonle -
Nigeria’s oil sector has recorded a major milestone as crude oil theft drops to lowest since 2009, signaling renewed...

Navy crushes Maritime crime, seizes 333 vessels in six years – Official

Business Damilola Bayonle -
The Nigerian Navy has intensified its efforts to secure the nation’s waters, arresting 333 vessels over a six-year period...

Crude oil theft in Nigeria: NNPCL boss exposes global links

Business Damilola Bayonle -
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Bashir Bayo Ojulari, has revealed...

FG Targets Oil Theft, Revamps Licensing

Business Damilola Bayonle -
The Federal Government of Nigeria has announced a sweeping reform in its oil and gas sector, effectively ending what...