“People may not realize there is value in this waste.” Thieves, however, are well aware of its value. Majumdar said oil theft has become such a significant problem in the past two years that ...

Engr Bath Nwibe is a gubernatorial aspirant of the Labour Party and an oil and gas businessman. He speaks with OKEY MADUFORO on the economy of Nigeria and the way forward as well as his vision for ...

“Only recently, intelligence revealed the existence of a notorious gang of oil thieves noted for bursting pipelines and illegal connections for oil theft in the region. “In a deliberate operation ...

THE Nigerian Army has said multiple award-winning journalist and founder of the Foundation for Investigative Journalism (FIJ), Fisayo Soyombo, was arrested with suspected oil bunkers in the country’s ...

He revealed that he had been investigating the complex security network that protects illegal oil bunkers. His words: “How can you grill me at the 6 division and everything I told you ...

‘Fisayo Soyombo, founder of the Foundation for Investigative Journalism (FIJ), says everything he told army personnel while he was being interrogated was leaked to suspected oil thieve ...

2-Year U.S. Treasury Note Continuous Contract $103.047-0.008-0.01% 5-Year U.S. Treasury Note Continuous Contract $107.586-0.016-0.01% 10-Year U.S. Treasury Note Continuous Contract $111.188 0.000 ...

The Armed Forces of Nigeria arrested 185 terrorists and 65 oil thieves in the past week across the North and Niger Delta regions of the country. The military’s spokesperson, Edward Buba, also revealed ...

The real-time price of Brent crude oil is at $71.87 per barrel, and the price of WTI crude oil is at $68.12 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...

Jewellery thieves face prison for a string of London robberies Two men, James Dixon and Thomas Loring, have been convicted in connection with the robberies.

Friday November 29, 2024 - 'Speculation surrounding a potential surge in U.S. oil production - up three million barrels per day - has gained attention', a SEB analyst said.

The United States is the largest oil producer in the world. Crude oil has been extracted there since the 1850s and in the years since U.S. oil production has grown to over 19 million barrels per day.