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Nigeria: FG to Tackle Crude Oil Theft With U.S.$1 Billion - Jonathan
Leadership, 24 March 2014
President Goodluck Jonathan has said that the federal government has earmarked a whopping sum of $1billion (N163 billion) for the implementation of a comprehensive programme… Read more »
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Nigeria: Government Earmarks N160 Billion to Curb Crude Oil Theft
Premium Times, 24 March 2014
Mr. Jonathan said a technical committee has already been set up to look into all aspects of implementation of the programme to curb menaces in the oil and gas sector. Read more »
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Nigeria: Jonathan - FG to Launch Comprehensive Programme to Curb Crude Oil Theft
This Day, 23 March 2014
President Goodluck Jonathan Sunday at The Hague, said federal government has earmarked $1bn for the implementation of a comprehensive programme to curb crude oil theft, the… Read more »
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Nigeria: State's Crude Oil Production Decline Rates Pegged At 20 Per Cent
This Day, 23 March 2014
The Vice President of Shell Upstream International, Mr. Markus Droll has said that decline rates in crude oil production within Nigeria's hydrocarbon industry can be as high as 15… Read more »
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Nigeria: Oil Theft - We Lost N1.8 Trillion in 2013, Says NNPC
Daily Trust, 19 March 2014
Nigeria, Africa's largest oil producer suffered severe attacks on its critical export pipeline system leading to the loss and deferment of about 300,000 barrels of oil per day,… Read more »
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Nigeria: Nation Lost N1.72 Trillion to Oil Theft in 2013 - NNPC
Leadership, 19 March 2014
The Nigerian National Petroleum Corporation (NNPC) has disclosed that the federal government lost over $11billion (about N1.72trillion) worth of oil revenue in 2013. Read more »
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Nigeria: NNPC - Nigeria Lost 109.5 Million Barrels of Oil in 2013
This Day, 19 March 2014
The Nigerian National Petroleum Corporation (NNPC) said Tuesday that Nigeria lost 300,000 barrels of crude oil per day or 109.50 million barrels in 2013 from severe attacks on… Read more »
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Nigeria: DPR - Nigeria's Crude Oil Reserves Decline By Two Billion Barrels
This Day, 18 March 2014
The Department of Petroleum Resources (DPR) on Tuesday disclosed that Nigeria's crude oil reserves currently stand at 35 billion barrels (bb), thus dropping by 2bb (about 5.4 per… Read more »
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Nigeria: DPR - Nigeria's Crude Oil Reserves Decline By Two Billion Barrels
This Day, 19 March 2014
The Department of Petroleum Resources (DPR), Tuesday disclosed that Nigeria's crude oil reserves now stand at 35 billion barrels, thus dropping by 2billion barrels or about 5.4 per… Read more »
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Nigeria: State Targets Three Million Barrels of Crude Oil Daily
Premium Times, 18 March 2014
Nigeria expects to produce over three million barrels of oil per day by 2020 to secure its position as Africa's leading producer. Read more »
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Nigeria: Alison-Madueke - Negative Perception of Nigeria's Oil Industry Will Improve Transparency
This Day, 18 March 2014
The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has stated that the current negative public perception of Nigeria's oil and industry represents an opportunity for… Read more »
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Nigeria: Fuel Subsidy No Longer Sustainable - FG
Daily Trust, 19 March 2014
The federal government has said that subsidising the prices of petroleum products imported into the country by marketers can no longer be tolerated. Read more »
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Nigeria: Shell Loses N160 Billion to Crude Theft in Nigeria
Vanguard, 14 March 2014
Royal Dutch Shell,yesterday, said it lost about $1 billion (N160 billion) to crude oil theft and various disruptions in its oil and Liquefied Natural Gas, LNG, operations in… Read more »
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Nigeria: Insecurity, Oil Theft Worry Shell in Nigeria
CAJ News, 13 March 2014
SHELL, the giant oil and gas firm, is downbeat at its prospects in Nigeria where it has borne the brunt of insecurity challenges and theft. Read more »
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Nigeria: Insecurity, Oil Theft Worry Shell in Nigeria Okoro Chinedu
CAJ News, 13 March 2014
Shell, the giant oil and gas firm, is downbeat at its prospects in Nigeria where it has borne the brunt of insecurity challenges and theft. Read more »
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Africa: Nigeria, Africa's Growing Economic Powerhouse
Cameroon Tribune, 11 March 2014
With a projected GDP of between $384 billion and $424 billion, the country is set to outclass South Africa. Read more »