The Senate ad-hoc committee on crude oil theft has announced plans to implement digital financial tracking tools to uncover illicit transactions, recover stolen crude revenues, and enhance transparency within Nigeria’s oil sector. Senator Ned Nwoko, chairman of the committee, made…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant reduction in crude oil theft, which has now decreased to 5,000 barrels per day (bopd) due to both kinetic and non-kinetic interventions. The Commission’s Chief Executive, Engr Gbenga Komolafe,…
The Nigerian Navy is set to deploy armed fighter drones to intensify efforts against illegal oil bunkering and pipeline vandalism in the Niger Delta region. According to the Navy, these advanced drones will penetrate remote areas where illicit activities thrive,…
By Seun Ibiyemi According to the Nigeria Extractive Industries Transparency Initiative (NEITI)’s 2022 and 2023 Independent Oil and Gas Industry Report released last weekend in Abuja, about 7.68 million barrels of crude were either stolen or lost in Nigeria in…
Story by Adeyanju Esther The Nigerian Army’s 6 Division has reported the elimination of two suspected oil thieves and the arrest of 18 others during various anti-illegal bunkering operations in the Niger Delta. The spokesman for the 6 Division, Lt.-Col.…
The Economic and Financial Crimes Commission (EFCC) has announced the initiation of an investigation into a vessel apprehended by the Nigerian Navy Ship NNS FORMOSSO, stationed in Brass, Bayelsa State. The vessel, identified as Bravo Alero, was found transporting 200…
Commodore Nanmar Lakan, Commander Nigerian Navy Ship SOROH (NNS) said the command has arrested two persons for crude oil theft and seized a wooden boat laden with 12,000 litres of Automated Gas Oil (AGO). Lakan disclosed this while parading the…
The Nigerian Army on Friday, destroyed about 14 illegal oil bunkering vessels arrested with stolen crude oil in the oil-bearing Asa Community of Abia. The Army operatives set the vessels ablaze, including eight large Cotonou boats, at Isimmiri Waterside in…
The Chief of Air Staff, Air Marshal Hasan Abubakar, has pledged increased air support to sister security agencies combating oil theft and insurgency across the country. Abubakar gave this assurance on Monday at a luncheon with troops of air component…
The Speaker of the House of Representatives, Abbas Tajudeen, has said that the country is losing N1.29 trillion to oil theft and pipeline vandalism in the Niger Delta region. Tajudeen disclosed this on Friday at the inauguration of the New…
