All posts tagged "vandalism"
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Theft: Oil production drops by 150,000 barrels
Oil production in the country has dropped by 150,000 barrels of oil per day following the shut down of the Trans Niger Pipeline by Shell Petroleum Development Company. The Corporate Media Relations Manager, SPDC, Mr. Precious Okolobo,...
- Posted September 25, 2013
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Nigeria restores 400,000 bpd – NNPC spokesperson
The NNPC on Sunday said a daily production of 400,000 barrels per day had been restored to the crude oil output available for export in the country. The corporation’s Acting General Manager (Public Affairs), Miss Tumini Green,...
- Posted September 24, 2013
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“Oil theft impact may last over 20 years” – FG
The country may not recover from the negative impact of crude oil theft and pipeline vandalism in the next 20 years or more, the Federal Government has said. It also said that the Trans Niger gas pipeline...
- Posted July 25, 2013
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Budget: Reps pass amendments for second reading
President Goodluck Jonathan’s amendment proposals to the 2013 budget passed second reading at the House of Representatives on Thursday. Members of the lower legislative chamber made a dramatic U-turn during Thursday’s session and endorsed the amended budget...
- Posted July 19, 2013
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Reps reject NNPC’s N384.9bn loss statement
House of Representatives Committee on Finance, Wednesday, rejected N384.9 billion operational loss recorded by the Nigerian National Petroleum Corporation, NNPC, between 2009 and 2011. The committee, which was probing Federal Government’s agencies’ remittances of surplus to the...
- Posted July 12, 2013
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Oil thievery is adversely affecting Nigeria’s economy – Shell
The Managing Director of Shell Petroleum Development Company (SPDC), Mutiu Sunmonu has warned that continuous oil theft and pipeline vandalism in the Niger-Delta will continue to have adverse effects on the nation’s economy. Sunmonu, who made this...
- Posted July 9, 2013
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Economy needs information technology — Ndukwe
Former Executive Vice-Chairman, Nigerian Communications Commission, Mr. Ernest Ndukwe, has urged the Federal Government and the National Assembly to enact laws to protect Information and Communications Technology and power facilities as critical national infrastructure. Ndukwe, who made...
- Posted July 7, 2013
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Oil production drops by 150,000 barrels, as Shell shuts Trans Niger Pipeline
Nigeria faces a serious credit crunch in the months ahead as crude oil production has dropped further by 150,000 barrels per day due to continuing theft and vandalism of crude pipelines. The Shell Petroleum Development Company of...
- Posted June 21, 2013
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Drop in crude oil production worrisome – NUPENG
The Nigeria Union of Petroleum and Natural Gas Workers on Wednesday said the drop in crude oil production since the first quarter of the year was worrisome. It also advised the Federal Government to install monitoring sensors...
- Posted May 9, 2013
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Oil thieves flee, abandon 150 drums of illegally refined diesel
OIL thieves took to their heels, weekend, abandoning 150 drums of illegally refined diesel, following a raid on them in Udu Creek, Delta State, by naval men in Warri. Commander, NNS, Delta, Navy Commodore Mohammed Garba, displayed the...
- Posted May 4, 2013