22 h. ago Crude price crash: Petrol can drop below N400/litre — Refiners

Crude Oil Refinery Owners Association of Nigeria has said that the price of Premium Motor Spirit (petrol) can drop below N400 per litre with the current crash in crude oil prices. CORAN argued that there is no reason petrol should not be sold at NN350 per litre if crude prices eventually fall to $50 per Read More

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6 d. ago Army Arrests 39 Oil Thieves, Dismantles 18 Illegal Refineries In Niger Delta

The 6 Division of the Nigerian Army has apprehended 39 suspected oil thieves and dismantled 18 illegal refineries in the Niger Delta region. The Army seized 60,000 litres of stolen products during a six-day special operation against oil theft and related crimes in the region. The operation, conducted across three states, was carried out in […] The post Army Arrests 39 Oil Thieves, Dismantles 18 Illegal Refineries In Niger Delta appeared first on Information Nigeria.

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2 w. ago 12 Suspects Arrested As Army Destroys 19 Illegal Refineries In Niger Delta

The 6 Division of the Nigerian Army has destroyed 19 illegal refineries, arrested 12 suspects, and recovered 138,000 litres of stolen products in the Niger Delta region. The Army stated that the achievement was made during an operation carried out in collaboration with other security agencies in several communities. Lt. Col. Jonah Danjuma, Acting Deputy […] The post 12 Suspects Arrested As Army Destroys 19 Illegal Refineries In Niger Delta appeared first on Information Nigeria.

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2 w. ago Troops arrest 12 suspects, destroy 19 refineries, recover 138,000 litres products

From Tony John, Port Harcourt   Troops of 6 Division Nigerian Army, have destroyed 19 artisanal refineries, with 12 suspected oil thieves arrested, as well as over 138,000 litres of stolen products confiscated across the Joint Operations Area (JOA). Acting Deputy Director, 6 Division Army Public Relations, Lieutenant Colonel Danjuma Jonah Danjuma, confirmed this in […] The post Troops arrest 12 suspects, destroy 19 refineries, recover 138,000 litres products appeared first on The Sun Nigeria.

Politics

2 w. ago Army destroys 19 illegal refineries, arrests 12 in Niger Delta operation

The 6 Division of the Nigerian Army has said its operatives have destroyed 18 illegal refineries, arrested 12 suspects and recovered 138,000 litres of stolen products in the Niger Delta region. The Army said the feat was achieved during an operation it conducted in some communities in collaboration with other security agencies. The Acting Deputy Read More

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3 w. ago Marketers project N800/litre as imported petrol’s cost drops

The price war in the downstream oil sector intensified on Tuesday as major oil marketers moved to offer a lower price against the gantry loading cost of N825 per litre set by Dangote Petroleum Refinery. This development followed a revelation by marketers that the landing cost of Premium Motor Spirit (petrol) imported into Nigeria has Read More

Politics

4 w. ago Soldiers arrest 29 suspected oil thieves, destroy illegal refineries in N’Delta

Troops of the 6 Division, Nigerian Army have dismantled 31 illegal refineries, arrested 29 suspected oil thieves, and recovered 212,000 litres of stolen petroleum products in a series of operations across the Niger Delta region. The Army also decommissioned 26 boats used for illicit activities between February 3rd and 9th, according to a statement issued Read More

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