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188 OIL THEFT CASES RECORDED IN ONE WEEK
The Nigerian National Petroleum Company Limited (NNPCL) reported 188 cases of oil theft between August 24 and 30, 2024, with incidents spread across the Niger Delta. Key findings include:1. Illegal Re...
Nigerian Crude Oil Industry Faces Setback as Cheaper Alternative Emerges
Recent reports from S&P Global Commodity Insights have revealed that the Nigerian crude oil industry is facing a significant setback due to the emergence of a cheaper alternative. Blending two cru...
What Cars are Targeted for Catalytic Converter Theft
There is a risk of theft anywhere there is something of worth. While car theft is an issue, some criminals target specific car parts, such as catalytic converters. Catalytic converters aid in pollutio...
British Energy Giant BP Reconsiders Position in Russian Owned Rosneft
BP stated on Sunday that it would sell its 19.75 percent interest in Rosneft, a Russian-controlled oil business. BP did not say how or when it would sell its stake in Rosneft. It might write off ...
U.K. lawmaker warns about companies selling to China over growing concerns of intellectual property theft
UK lawmaker Iain Duncan Smith told the U.K. Parliament on Thursday China has ongoing plans to buy up chip companies to attain supremacy in the semiconductor industry. This is so important because chip...