Entries by Premium Times

Nigeria: We’ve Prevented Over Three Million Barrels of Crude Oil Theft in Five Years – NSA Monguno

[Premium Times] The NSA said the crime was perpetrated within Nigeria's Exclusive Economic Zone (EEZ) up to the Republic of Togo.

Nigeria: Oil Theft Is Threat to National Security – Osinbajo

[Premium Times] 83 oil tankers involved in various crude oil and product theft have been arrested, an official said.

Nigeria: Shell Pledges Support for Federal Govt’s Efforts to Preserve Oloibiri Heritage

[Premium Times] Oloibiri is where Shell first struck oil in commercial quantity in 1958.

Nigeria: Average Retail Price of Petrol in Nigeria Up 54% in January – NBS

[Premium Times] The highest average retail price was recorded in the South-East at N307.85, while the North-Central had the lowest (N217.15).

Nigeria: 40% of Crude Oil Losses Caused By Measurement Inaccuracies – NUPRC

[Premium Times] The revelation followed a forensic audit conducted by the commission covering the period from January 2020 to November 2022.

Nigeria: NNPC to Begin Oil Drilling in Nasarawa – Official

[Premium Times] "We have seen a great potential for finding hydrocarbon in Nasarawa State and to confirm this, we are going to start drilling on March 21.

Nigeria: TotalEnergies Says It’s Ended Routine Gas Flaring in Nigeria

[Premium Times] "TotalEnergies is also playing active role in marketing and production as it has 550 filling stations in Nigeria," he said.

Nigeria: How Accurate Are Kwankwaso’s Claims About Nigeria’s Oil Production?

[Premium Times] Mr Kwankwaso, a former minister of defence, expressed concern about how crude oil theft in Nigeria is undermining production and consequently affecting the country's revenue generation.