The Nigerian National Petroleum Corporation and the Nigeria Police Force on Tuesday pledged to work together in a renewed drive to combat the perennial menace of oil theft and pipeline vandalism across the country. The Group General Manager, Group Public Affairs Division, NNPC, Ndu Ughamadu, said in a statement issued in Abuja that the decision […]
Read More
Vandalism of oil pipelines in the downstream sector of the petroleum industry recorded a drop of 12.77 per cent in April 2017, the monthly financial and operations report of the Nigerian National Petroleum Corporation has showed. According to the report, which was released in Abuja on Monday, downstream pipeline sabotage decreased from 94 vandalised points […]
Read More
Nigeria witnessed no pipeline vandalism arising from militant activities in the Niger Delta in the past three months, the Federal Government said on Wednesday. It stated that the near zero rupturing of pipelines in the oil rich region was mainly due to the consultations and ongoing discussions with Niger Delta stakeholders. The Minister of State […]
Read More
The persistent attacks on the country’s oil installations by militants in the Niger Delta have resulted in a decrease of about $447m in foreign exchange inflows from $1.4bn in September to $957.3m in October. Figures obtained from the Central Bank of Nigeria show that the $447m decline represents a drop of 31.85 per cent. Investigation […]
Read More
Two Nigerian state-owned oil pipelines were blown up in the delta region Friday in attacks blamed on the Niger Delta Avengers (NDA) militant group, a local security official said Saturday. “The attacks targeted two pipelines located in the same zone,” an official for the Department of State Security (DSS) told AFP. “Both belonged to the […]
Read More
Nigeria recorded 1,600 cases of pipeline vandalism since January, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said, Kachikwu made the disclosure at the 2016 Annual Conference of National Association of Energy Correspondents with the theme, “Low Oil Price: Impact and the Way Forward”, in Lagos on Thursday. The minister also said […]
Read More Group Managing Director, Nigerian National Petroleum Corporation, Dr. Maikanti Baru, on Thursday declared that the 2016 national budget was grossly impacted by the vandalism of crude oil pipelines in the Niger Delta region, resulting in a loss of N51.3bn, report by Punchng. Baru also appealed to the military to help secure critical oil and gas […]
Read More
The Nigerian National Petroleum Corporation has stopped pumping Premium Motor Spirit (petrol) to its depots in a bid to avoid losses that arise from the incessant rupturing of pipelines that convey products to the various facilities. It was learnt that the corporation had also devised new means of selling the product, as it now preferred […]
Read More Operatives of the Nigeria Security and Civil Defence Corps (NSCDC) yesterday launched into a gun battle with members of the militant group, Niger Delta Avengers (NDA), in the creeks of Bayelsa State in the aftermath of twin blasts by the militants on two pipelines belonging to the Nigerian Agip Oil Company (NAOC) and Aiteo. Simultaneouly, […]
Read More [N]igeria late Thursday lost over 40,000 barrels per day of crude oil to another attack on three of Chevron Nigeria Limited (CNL) operated swamp flow stations in the Warri South-West council area of Delta state. Thursday night’s incident was the second consecutive-day’s mishap, which responsibility had been claimed by a new insurgent group, which called […]
Read More
Ijaw elders, Friday, urged President Muhammadu Buhari, to only go after persons behind the recent attacks on major oil and gas pipelines in the Niger Delta region. The leaders under the aegis of Bayelsa Elders Council (BEC) said Buhari should direct the security agencies to fish out the perpetrators and bring them to justice under […]
Read More
