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crude oil theft

Minister opens up on why crude oil theft lingers in Nigeria

Former Governor of Bayelsa State and current Minister of State, Petroleum, Chief Timipre Sylva, on Thursday in Abuja, gave a download of not only why oil theft had continued, but marshalled out antidotes. In a no-hold-barred media chat in his…

Federal earnings from Shell jump to $3.197bn in 2017 from $2.172bn in 2016

A new report released by Royal Dutch Shell on payments to the Nigerian government for its activities in the county has shown that whereas it paid federal government $2.172bn in 2016, there is a 19 per cent rise to $3.197bn…