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pipeline vandalism

Oil Pipeline Vandalism In Nigeria Soars 77%

The Nigerian National Petroleum Corporation (NNPC) said on Sunday that it had seen a 77-percent jump in the number of cases of oil and fuel pipeline vandalism on its pipeline infrastructure in June. As many as 106 pipeline points were breached in ...

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oil

The oil wealth beneath the Chad Basin

Iyorchia Ayu reportedly said: ‘’The oil wealth beneath the Chad Basin is fanning the embers of insurgency in the country because prominent businessmen and politicians in both NGR and Chad, in association with French companies, have invested heavily in oil ...

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oil

FG Approves Immediate Payment Of ₦413B To Oil Marketers

The Nigerian National Petroleum Corporation, NNPC on Wednesday ventured up measures to dispose of the noticeable fuel lines in some petrol stations across some major cities in the nation with the infusion of extra volumes of premium motor Spirit, PMS ...

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Navy nabs 13 suspected oil rubbers , intercepts vessel

The Nigerian Navy, Central Naval Command, with base camp in Bayelsa State, has captured 13 suspected oil criminals and caught vessel loaded down with stolen raw petroleum. The suspects and the illicit vessel, initiated MT REDEMPTION, were secured at Middleton ...

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Oil falls Under $50 a Barrel as Saudis Offer Discounts

The cost of oil has kept on falling and there are no signs that it will recuperate soon. ABUJA, January 6 (Ooduarere) – The cost of Brent raw petroleum fell underneath $50 on Wednesday, its most minimal level in six ...

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