Nigeria’s oil output growth loses momentum, drops below 1.3mbp by 2.95% in March
Oredola Adeola Nigeria’s crude oil production growth dipped to 2.95 percent month-on-month, in March 2023, to 1,268,202 barrels per...
Oil thefts
EFCC meets oil producers, suggests advance cargo declaration as strategy to disincentivise crude oil theft
Oredola Adeola The Economic and Financial Crimes Commission (EFCC) has charged the major oil-producing companies in Nigeria to consider the...
US recovers over $53m proceeds of corruption from former Petroleum Minister, Diezani, Omokore, Aluko
Oredola Adeola The United States Justice Department has recovered roughly $53.1 million in cash – constituting the net liquidated...
FG investigative panel unravels major causes of oil theft in Nigeria, submits report, as NSA assures quick implementation
Oredola Adeola The high-powered investigative committee set up by the Nigerian Government to unravel perpetrators behind the menace of...
EFCC re-arraigns Ex-PDP Chairman’s son, one other for alleged N2.2bn oil subsidy fraud
Oredola Adeola The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Friday, March 24, 2023, arraigned...
Nigerian military destroys 107 illegal refining sites, 140 storage tanks, 58 reservoirs in 2 weeks
Oredola Adeola The Nigerian Defence Headquarters (DHQ) has revealed that the troops of Operation Delta Safe (OPDS) discovered and destroyed...
Buhari renews appointment of Musa as DG/CEO of Nigeria’s oil spill detection, response agency
Oredola Adeola The outgoing Nigerian President, Muhammadu Buhari has approved the renewal of the appointment of Mr. Idris Musa, as...
President-elect Tinubu must not repeat Buhari’s mistake, by assuming role of Petroleum Minister- Dr. Yusuf, CPPE
Oredola Adeola Dr. Muda Yusuf, Director of the Center for the Promotion of Private Enterprise (CPPE), has urged the...
Many dead as crude oil pipeline explodes in Rumuekpe, Rivers State
Oredola Adeola An explosion that happened in Rumuekpe in Emuoha Local Government area of Rivers state has killed an unspecified...
Nigeria’s President-elect, Tinubu vows to increase crude oil output to 2.6mbpd, complete OB3, TNGP, AKK pipelines, other in 4 years
Oredola Adeola Asiwaju Bola Tinubu, Nigeria's President-Elect, in his election victory speech has promised to build a brighter, more productive,...
