Day: March 19, 2024

Output Cuts in Bonny, Brass, Excravos, Others Curtail Nigeria’s February Oil Production

Nigeria’s self-reported crude oil production figures to the Organisation of Petroleum Exporting Countries (OPEC) was underwhelming in February, but rose 9 per cent year-on-year, a THISDAY review of data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shown.

Production was curtailed in almost all of the country’s oil terminals including; Bonny, Brass, Qua Iboe, Forcados, Excravos, Odudu, Tulja-Okwuibome, among several others.… Read the rest

NNPC seeks help for oil theft and pipeline vandalism in Nigeria

State-owned Nigerian National Petroleum Company (NNPC) has sought assistance from the EFCC to curb oil theft and pipeline vandalism in Nigeria.

During a meeting held in Abuja last week, NNPC chief executive Mele Kyari informed the EFCC of the disturbances in the oil-rich Niger Delta region. He said: “We have deactivated 6,409 illegal refineries in the Niger Delta region. Today, we have disconnected up to 4,846 illegal pipes connected to our pipelines out of 5,543 such illegal connection points.… Read the rest