Crude oil theft

Crude theft has left a mark on the oil and gas sector in Nigeria, discouraging investments and denying the country higher energy revenues. Below are other ways it is impacting the economy.…

The Federal government on Tuesday said crude oil theft has become a widespread phenomenon involving all strata of the society including religious groups, community leaders and government…

The minority caucus in the House of Representatives said it is alarmed by the massive oil theft in the country, which has become an "organised racket under the corrupt, reckless and…

The reported seizure of a 3-million-barrel-capacity oil tanker in Equatorial Guinea suspected to be carrying stolen Nigerian crude is validating assertions by industry operators that crude…