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All posts tagged "Nigeria Oil"

  • FG intensifies efforts to curb $6b yearly loss to pipeline vandalism

    The Federal Government at the weekend stepped up efforts to curb the spate of petroleum pipeline vandalism that cost the nation an estimated $6 billion annually. Already, Minister of Petroleum Resources, Deizani Alison-Madueke has promised a robust and...

    • Posted March 11, 2013
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  • Oil Bunkering, Theft, Costs Government an Estimated $7 billion Yearly – IEA

    The International Energy Agency, yesterday disclosed that Nigeria loses about $7 billion to oil theft every year. This information was contained in the agency’s monthly report released on Tuesday, it said, “Oil bunkering, or theft, costs the...

    • Posted November 14, 2012
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  • Nigeria’s Oil Output Highest since November 2007

    Nigeria’s oil production has bounced back to its highest level since November 2007, but a militant threat to resume hostilities should be taken seriously, a presidential adviser said Thursday. Kingsley Kuku, a presidential adviser on the Niger...

    • Posted July 15, 2011
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