The Defence Headquarters announced that troops of Operation Delta Safe (OPDS) recovered 21,573,310 litres of stolen crude oil valued at over N20 billion in the […]
Tag: Crude Oil
Government Adopts Virtual Crude Oil Evacuation to Combat Theft and Losses
The Federal Government has embraced a virtual method of evacuating crude oil, employing barges and trucks for transportation from production sites to injection/storage points before […]
Nigerian Navy destroys 182,000 Litres of Crude Oil in Illegal Refinery Raid
Operatives from the Nigerian Navy Forward Operating Base (FOB) in Igbokoda, Ondo State, have successfully demolished an illegal refinery in the Biokpu/Opouama riverine communities within […]
Oil Production Plummets: Nigeria Struggles to Meet Quotas Amidst Executive Orders for Industry Overhaul
Nigeria’s crude oil production experienced a 7.94% decline month-on-month, dropping to 1.322 million barrels per day (bpd) in February 2024 from 1.427 million bpd in […]