Nigeria eyes $10bn from 50 oil blocks lease
Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.
Category : Search result: crude oil theft Nigeria
BBNaija S10 Illegally Streamed 5M+ Times
MultiChoice Nigeria exposes massive piracy of BBNaija Season 10, with over 5 million illegal streams. The company warns of economic sabotage and calls for updated copyright laws. Read more.
TotalEnergies Sells Nigeria Offshore Stake to Chevron
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron subsidiary. Deal aims to develop new opportunities in Nigeria's oil sector.
TotalEnergies Sells Nigeria Offshore Stake to Chevron
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron. The deal aims to derisk and develop new opportunities in Nigeria's oil sector. Full details inside.
OPEC Keeps Nigeria's Oil Output at 1.5m bpd to 2026
OPEC confirms Nigeria's oil production quota remains at 1.5 million barrels per day until December 2026 to ensure global market stability. Read the full details.
Dangote Slashes Petrol Price to N840/Litre for Christmas
Dangote Refinery reduces petrol ex-depot price to N840/litre, triggering competitive cuts among depot owners. The move follows NNPC's price adjustment and a global crude oil price crash to $60 per barrel. Read more on the festive season relief.
OPEC+ Pauses Oil Output Hikes Until March 2026
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
OPEC+ Likely to Maintain Current Oil Production Levels
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
OPEC+ Expected to Maintain Current Oil Output Levels
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
Ogoni Lament FG Silence After Oil Resumption Report
Ogoni communities express frustration over Federal Government's silence months after receiving crucial committee report on potential oil exploration resumption in Ogoniland.
OPEC+ 2025 Oil Output Policy: A Review
OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.
Domestic Worker Nabbed for Stealing Employer's Lexus SUV
Niger State Police arrest domestic worker Suleiman Audu for stealing Lexus SUV from Lagos employer. Intercepted on Minna-Abuja road while transporting vehicle for disposal. Full details.
Edo Govt Denies Revoking Presco Land Rights
Edo State government refutes an unauthorised notice revoking Presco Plc's land rights. Read the official statement and analysis on the state's commitment to investor protection.
Reps Demand EFCC Account for Seized Crude Oil
House of Representatives committee presses EFCC for full details on crude oil seizures and sales under Naira-for-Crude Policy. Hearing adjourned to December 4.
Rivers remains key oil investment hub - Fubara
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
IBEDC prosecutes energy theft suspects across franchise
IBEDC escalates fight against energy theft with multiple arrests and prosecutions. Woman charged for assaulting staff, vandalizing vehicle. Several businesses face legal action.
Scientific Research Guides Nigeria's Oil Production
Dr Omonigho Khalin Egbo's geochemical studies provide crucial data for Nigeria's energy security and revenue growth. Discover how his findings are shaping national oil policy.
Army recovers 109,000 litres of stolen petroleum products
Nigerian Army's 6 Division deactivates 7 illegal refining sites, recovers stolen crude oil and AGO worth over N150 million in Niger Delta operations. Support the fight against oil theft.
NNPC Posts N5.4trn Profit, Reveals $60bn Investment Plan
NNPC Limited announces record N5.4 trillion profit after tax for 2024 and reveals ambitious $60 billion investment strategy to boost oil, gas and clean energy capacity by 2030.
Thief Disguised as Delivery Person Steals $11M Crypto
An armed thief, posing as a delivery worker, invaded a San Francisco home, tied up the owner, and stole $11 million in cryptocurrency. Learn about this alarming trend targeting crypto investors.
Thief steals $11M crypto posing as delivery person
Armed thief posing as delivery worker tied up San Francisco homeowner and stole $11 million in cryptocurrency. Learn about rising crypto investor crimes.
PINL uses town criers to fight pipeline vandalism
Pipeline Infrastructure Nigeria Limited deploys local town criers to enhance security on the Trans Niger Pipeline. Vandalism attempts have dropped by 87% since 2022. Read more on this community-driven success.
ATM scammer beaten by angry mob in South Africa
A suspected ATM card scammer was brutally beaten by shoppers in Tongaat after targeting bank customers. His accomplices fled the scene. Read full details.
Man Gets 15 Cane Strokes for Stealing Phones in Church
Kaduna court sentences Kingsley Timothy to 15 strokes of cane for stealing phones worth ₦650,000 from a church. Magistrate warns against repeat offenses.
Reps Launch Probe Into Power Sector Failures
The House of Representatives vows to fix Nigeria's electricity crisis, launching a major investigation into 17 years of sector failures and proposing a new bill to combat energy theft.
Four jailed for vandalising EEDC facilities in Ebonyi
Four men have been sentenced to four years in prison for vandalising EEDC electricity equipment in Ebonyi State. The convictions highlight the ongoing battle against infrastructure vandalism.
Reps Threaten Arrest in Naira-for-Crude Probe
The House of Representatives issues a 7-day ultimatum to MDAs, threatening arrest warrants for non-compliance with the Naira-for-Crude Oil policy investigation. Full details on the escalating standoff.
NASS Intensifies Bill to Combat Energy Theft in Nigeria
The National Assembly is strengthening a bill with stricter penalties to tackle energy theft and help DisCos recover huge government debts, boosting Nigeria's power sector. Read more.
Mia Thornton Arrested for Furniture Theft in Georgia
Real Housewives star Mia Thornton faces larceny charges after allegedly stealing $11,000 worth of furniture from a Georgia condo. Details on her airport arrest and legal troubles.
US MOSOP: Exclude Ogoni from oil block bids
MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.
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