Navy Destroys N30bn Illegal Refinery Assets   The Nigerian Navy (NN) has destroyed assets worth over N30 billion belonging to illegal refinery operators in the Niger Delta, in its war against oil theft. Commodore Adedotun Ayo-Vaughan, Director of Information, NN, said the Navy was doing its best...

Oil Theft: NNPC Seeks Special Court The Nigeria National Petroleum Corporation (NNPC) Ltd, has called for the establishment of special courts for the prosecution of oil thefts. The Group Managing Director of NNPC, Mele Kyari, made the call on Thursday in Abuja, when he appeared before...

Niger Delta: Kyari Mobilises NUPENG, Others To Tackle Oil Theft   The Group Managing Director of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, has sought the support of the National Union of Petroleum and Natural Gas Workers, the National Association of Road Transport Owners,...

Fuel Worth N12.87bn Lost In Seven Months - NNPC   Petroleum products valued at N12.87bn were lost in seven months as oil theft and pipeline vandalism continued to plague the country’s oil and gas industry. The latest data obtained from the Nigerian National Petroleum Corporation showed that...

Cost Of Oil Theft, Pipeline Vandalisation Hit N159bn In One Year       At the backdrop of the huge costs and losses attributable to product theft and facility vandalisation, the Nigerian National Petroleum Corporation, NNPC, has indicated that it would still be financially stable in the current...

IPMAN Launches Waterways Surveillance To Check Oil Theft     The Independent Petroleum Marketers Association of Nigeria on Tuesday launched sea surveillance patrol boats in Rivers State to fight oil theft and sea piracy in Rivers State. IPMAN also unveiled an operational base in the state to complement...