30 results
- 3 Jul 2013
Organised Criminals Take over Crude Oil Theft
Mr. Mutiu Sunmonu, managing director, Shell Petroleum Development Company of Nigeria (SPDC), has blamed well-financed and highly organised criminals for crude oil theft in the Niger Delta, saying…
- 28 Oct 2013
Crude Oil Theft is New Face of Terrorism — Alison-Madueke
Mrs. Diezani Alison-Madueke, minister of Petroleum Resources, has declared that the grave phenomenon of oil theft and its global support system represents another face of terrorism which has…
- 2 Aug 2022
Shell to Acquire Drones to Check Crude Oil Theft in Niger Delta
Shell Petroleum Development Company (SPDC) has said it will acquire drones to monitor its pipelines and wellheads in the Niger Delta region. Igo Weli, SPDC’s general manager, External Relations, who…
- 7 Nov 2023
How Nigeria Lost N4.3tn to Oil Theft in Five Years – NEITI
Nigerian government revealed on Monday, that over N4.3 trillion worth of crude oil was lost to oil theft in 7,143 pipeline vandalism cases within five years. This was disclosed at the Nigeria…
- 12 Nov 2013
Marginal Field Operators Warn of Crude Oil Production Crash
Crude theft may wreck the marginal field operation in Nigeria’s multi-billion dollars oil and gas industry if nothing urgent is done, operators of the marginal fields cried out on Monday. 18 of the…
- 6 Nov 2025
Senate Committee Says $300Bn Lost to Oil Theft
The Senate ad hoc committee investigating persistent crude oil theft in the Niger Delta has disclosed that a forensic audit conducted by independent consultants revealed that suspected oil thieves…
- 26 Apr 2013
Nigerian Navy Launches Website on Oil Theft
The Nigerian Navy has developed a new website on crude oil theft and pipeline vandalism to enable useful information on how to deal with the issue be passed across to relevant bodies and authorities.…
- 4 Nov 2013
FG May Lose $12Bn to Oil Theft this Year
Revenue earned by Nigeria this year may be as much as $12 billion short of budget estimates as theft of crude and output disruptions persist in the oil-rich Niger River delta, according to Ngozi…
- 17 Sept 2019
SPDC Deploys HD Aerial Cameras to Track Spills, Crude Theft
Shell Petroleum Development Company of Nigeria Limited (SPDC), Nigeria’s leading energy giant, has deployed state-of-the-art high definition cameras for quick detection of and response to crude oil…
- 10 Jan 2015
Nigeria Loses N2.2Trn to Oil Theft – Gov. Aregbesola
Ogbeni Rauf Aregbesola, governor of Osun state, on Friday said the Nigeria has lost N2.2 trillion (14.6 billion dollars) to oil theft within a year under the President Goodluck Jonathan-led Peoples…
- 1 Mar 2022
Huawei Develops Technology to Stop Crude Theft in Nigeria
Huawei Technologies, Chinese technology firm, has said that it has developed an intelligent pipeline monitoring system to help tackle crude oil theft in Nigeria. This was disclosed by Mr Li Wei,…
- 17 Apr 2013
Nigeria Loses $1.23Bn to Oil Thieves
Nigerian National Petroleum Corporation (NNPC), yesterday said that Nigeria $1.23 bilion to oil theft and vandalism in the first quarter of this year; adding that crude oil theft has continued to…
- 4 Jun 2014
Clark, Ijaw Leader Accuses Military Chiefs of Oil Theft
Chief Edwin Clark, Ijaw leader and a delegate to the National Conference has accused military chiefs of oil theft and claimed he had previously drawn attention to the nefarious activities of…
- 23 Aug 2013
FG Puts Loss to Oil Theft in July at N365Bn
Dr. Yerima Ngama, minister of State for Finance, has said that the federal government has lost a total of N365 billion to oil theft in the month of July. Ngama stated this at the end of the…
- 3 Nov 2024
FG to Deploy Drones to Curb Oil Theft in Niger Delta - Lokpobiri
Senator Heineken Lokpobiri , minister of State for Petroleum Resources (Oil), at the weekend said the federal government would deploy new technologies like drones and satellite surveillance to halt…
- 25 Oct 2013
Govt Agencies Connive with Culprits to Steal Nigeria’s Oil
The troubling and perceived pertinacious inaction by the government to curb the problem of oil theft in the country has been linked to some government agencies’ connivance with crude oil thieves.…
- 4 Mar 2013
Shell May Shut Down Production Over Increasing Oil Theft
Shell Production and Development Company (SDPC), Nigeria’s joint venture partner in the production of crude, has threatened to shut down its Nember creek trunk line owing to the increased cases…
- 17 Feb 2021
Court Blocks Shell’s Accounts in 20 Banks over Alleged Oil Theft
A Federal High Court sitting in Ikoyi, Lagos has granted an interim injunction directing 20 commercial banks to freeze the accounts of Shell Petroleum Development Company of Nigeria Ltd (SPDC). This…
- 21 Jun 2013
Nigeria Loses N2.4Bn Daily to Shut Oil Pipeline
Nigeria may face severe financial difficulties in the months ahead as crude oil production has dropped further by 150,000 barrels per day due to the shut of the Trans Niger Pipeline (TNP) following…
- 4 Jun 2013
SPDC Worries as Nigeria Loses $1.6Bn Annually to Oil Thieves
The Shell Petroleum Development Company (SPDC) has expressed concern over the activties of crude oil thieves and illegal refineries operators in the Niger Delta saying the country is losing $1.6bn…
- 9 May 2013
Oil and Gas Workers Fret Over Falling Oil production
Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) said it is worried about the drop in crude oil production in the country since the first quarter of the year. The union stated also…
- 20 Mar 2015
Nigeria Loses $33m Daily to Oil Thieves
Wale Tinubu, chairman of Oando Energy Resources, has said that Nigeria may be losing about $33 million daily to theft as the activities of oil thieves have risen from 400,000 barrels per day, bpd to…
- 1 Apr 2017
Shell Shuts Bonny Light Oil Export Line
The Nigerian subsidiary of Royal Dutch Shell Plc said it had shut down the Nembe Creek Trunk Line, which exports Bonny Light crude oil, in order to remove theft points. The managing director of Shell…
- 28 Aug 2015
Shell Declares Force Majeure on Bonny Light Crude Exports
Shell's Nigerian unit, Shell Petroleum Development Company (SPDC), declared force majeure on Bonny Light crude oil exports on Thursday after shutting down two key pipelines in the country due to a…
- 10 Oct 2013
Navy Declares War on Sea Robbers
Vice Admiral Dele Ezeoba, chief of Naval Staff, has said that waging a war against pirates had become imperative, in view of the enormous challenges their nefarious activities posed to the economic…
- 25 Sept 2013
Report Names Nigeria as Organized Crime Hub of Africa
A damning report by StrategyPage, a leading resource on armed forces affairs worldwide said that Nigeria is seen by international crime experts as the center for organized crime in Africa because the…
- 1 Jul 2013
Court Sacks Service Chiefs, Says their Appointments Illegal
A Federal High Court sitting in Abuja yesterday nullified the appointments of the nation’s security chiefs on the grounds that their appointments by President Goodluck Jonathan were without the…
- 1 Feb 2026
Security Forces Probe Use of Drones by Terrorists
The military high command at the weekend said it has commenced a full investigation into the use of drones by terrorists to carry out attacks. This is part of ongoing efforts to end insurgency in the…
- 19 May 2025
Shell Reports 122 Percent Surge in Oil Spills from Nigerian Operations in 2024
Shell Plc has reported a significant 122% increase in operational oil spill incidents in Nigeria in 2024, driven largely by equipment failures and persistent sabotage, according to its newly released…
- 4 Aug 2015
Buhari Identifies Banks with Stolen Oil Money
President Muhammadu Buhari, yesterday, in Abuja said that his administration has identified banks, financial institutions and countries in which payments for stolen Nigerian crude oil have been…