Category : Search result: PDVSA oil seizure


OPEC Poised for Major Oil Production Increase

OPEC+ considers significant oil output hike as energy markets face mounting pressure from supply disruptions and geopolitical tensions. Key decisions expected in upcoming meeting.

Navy dismantles illegal refinery, arrests 7 in Ondo

In a major security operation, the Nigerian Navy has dismantled an illegal refinery and arrested seven individuals across multiple communities in Ondo State, dealing a significant blow to oil theft activities in the region.

Navy dismantles illegal refinery, arrests 7 in Ondo

In a major security operation, the Nigerian Navy has dismantled an illegal refining site and apprehended seven suspects across coastal communities in Ondo State, dealing a significant blow to oil theft operations in the Niger Delta region.

Nigeria Reps Approve Tinubu Loan, Boost EFCC Powers

In a landmark parliamentary session, Nigeria's House of Representatives has greenlit President Tinubu's $2.34 billion loan while empowering the EFCC with unprecedented authority to confiscate assets without criminal convictions, sparking mixed reactions a

Oil Marketers Warn Against Monopoly in Nigeria

Major petroleum marketers in Nigeria are raising concerns about market dominance and calling for transparent access to facilities to ensure fair competition in the downstream oil sector.

Navy dismantles illegal oil refinery in Ondo

In a major crackdown on oil theft, the Nigerian Navy has raided and completely dismantled a sophisticated illegal refinery operation hidden within Ondo State's riverine communities.

Economic Saboteurs Threaten Dangote Refinery - NAPS

The National Association of Petroleum and Natural Gas Senior Staff calls for immediate federal intervention to protect Africa's largest refinery from economic saboteurs undermining Nigeria's energy independence.

Foreigners Face Court Over ₦12B Oil Theft in Nigeria

Nigeria's anti-graft agency EFCC has arraigned three foreign nationals and a vessel for allegedly stealing crude oil worth ₦12 billion. The shocking case reveals sophisticated oil theft operations in Nigerian maritime territory.

Court seizes drug trafficker's Lekki duplex

Federal High Court in Lagos confiscates multi-million naira Lekki duplex linked to convicted drug kingpin Adah Onoja, marking major victory in Nigeria's anti-drug trafficking campaign.

Police bust illegal arms factory in Akwa Ibom

Nigerian Police Force makes groundbreaking discovery of clandestine weapons manufacturing unit in Akwa Ibom State, arresting key suspects and recovering dangerous firearms.

Equinor's $251M Loss: Nigerian Oil Prices Plunge

Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.

Syria seizes 11 million Captagon pills from Lebanon

Syrian authorities have seized a staggering 11 million Captagon stimulant pills in their largest drug interception this year, highlighting the ongoing regional narcotics trade from Lebanon.

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