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…
Crude Oil Price Hits $97 Per Barrel
According to a recent assessment conducted on Thursday, September 28 at 5:00 AM (GMT+1), the price of Brent crude oil has surged to $97.24 per barrel, marking its highest point…
NNPC Records 148 Cases Of Crude Oil Theft in 60 Days
The Nigerian National Petroleum Company Limited (NNPCL) has recorded no less than 148 occurrences of crude oil theft between September 2 and 8, 2023. According to the NNPCL, the thefts…