oil theft | Egypt Oil & Gas

Nigeria’s Production Decline Due to the Shutdown of Onshore Operations

Nigeria’s government data has shown that its oil production continued to fall down during September due to a halt in onshore production, Bloomberg reported. According to the data, the country’s daily production record...

Nigerian Renewed Crackdown on Oil Theft

The Nigerian navy’s Director of Information, Commodore Christian Ezekobe, stated that the country arrested 11 suspected oil thieves and destroyed 13 Cotonou boats laden with suspected stolen crude oil, Vanguardr...

Nigerian Crude Production Declined by 700,00b/d

The Nigerian National Petroleum Corporation (NNPC) Managing Director, Maikanti Baru stated that pipeline vandals and oil thieves have lost Nigeria 560,000 barrels of crude to the refineries as feedstock and 109m litre...

Mexico’s Crude Price Fall amid Oil Pipeline Theft

Mexico saw prices of its crude fall to $24.47 a barrel in February. The country is also facing a severe oil pipeline theft problem, Business Insider reported. The Mexican oil industry is suffering from increasing thef...

Nigeria Convicts Nine Asians of Oil Theft

Nigerian Federal High Court based in Lagos convicted five Filipinos and four Bangladeshis for stealing 3,423,097 metric tons of crude oil from Nigeria, reported AllAfrica. They were sentenced to five years imprisonmen...

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