Panic, As Militant Group Threatens Oil Production In Rivers
A group of militant have revealed plans to stop oil production in the state. This statement comes as a warning an ultimatum to the government, over unpaid salaries and other…
Dangote Refinery Suspends Sale of Petrol in Naira
Dangote refinery stops sales of petroleum products in Naira, reverts to dollars. The refinery says untill NNPCL starts crude oil supply in Naira, petrol sales would remain in Naira. Dangote…
Reps Panel Alleges Theft of $20b Crude oil in Seven Years
House of Representatives Adhoc Committee on Oil Theft, yesterday, alleged that 329,420,319 barrels valued at over $20 billion were not accounted for between 2005 and 2012. Chairman of the committee,…
Petroleum Minister Reveals How Bayelsa Lost OML 46 License
Nigeria's Minister of State for Petroleum Resources, Chief Timipre Sylva has revealed the Federal Government revoked the licence for the Atala Marginal Oilfield (OML 46) because it was left dormant…
Soldiers Set Buildings on Fire in Abia Community Over Death Of Colleagues
Soldiers attached to the 144 Battalion, Asa, Ukwa West council, Abia State reportedly stormed Owaza community and began setting houses, shops on fire over the death of their colleagues. Daily…
UPDATED: 13 Missing as SEPCOL’s Oil Production Vessel Explodes
A Floating Production, Storage and Offloading, FPSO, has exploded in Escravos, Delta State. Daily Report Nigeria gathered that the incident happened on Wednesday, February 2, 2022. The incident was confirmed…
Oil Theft is Wreaking Nigeria’s Economy – Akpatason
Peter Akpatason, the House of Representatives Deputy Majority Leader, has called on the federal government to employ all of its legal and security resources to combat oil theft and pipeline…
NNPC Uncovers Illegal Pipelines Connected to Churches, Mosques
The Group Managing Director of the Nigerian National Petroleum Company, NNPC, Limited, Melee Kyari, on Tuesday, stated that there are some illegal petroleum products pipelines connected to Churches and Mosques.…
Nigeria Reclaims First Position as Africa’s Top Crude Oil Producer
Nigeria has reclaimed its position as the top crude oil producer in Africa, according to a recent report by the Organization of Petroleum Exporting Countries (OPEC). OPEC indicated that the…
Nigeria Loses N1.9tn to Crude Oil Theft in July
Crude oil theft in Nigeria resulted in a staggering N1.9tn revenue loss in July alone. The above analysis was made by the National Security Adviser, Nuhu Ribadu, during his visit…