• Contact Us
  • About Us
Tuesday, September 15, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Oil & Gas

Nigerian Navy Cracks Down On Oil Theft, Arrests 76 Vessels In Two Years

metro by metro
June 20, 2025
in Oil & Gas
0
Nigerian Navy Cracks Down On Oil Theft, Arrests 76 Vessels In Two Years
0
SHARES
0
VIEWS
ABUJA, June 19 (Reuters) – The Nigerian Navy has arrested 76 vessels and at least 242 suspects in anti-oil theft operations, and destroyed more than 800 illegal refining sites during a two-year crackdown, it said on Thursday.
Rampant oil theft from pipelines and wells has crippled Nigeria’s oil industry in recent years, damaging government finances and stifling exports.
READ ALSO:Oil Set To Rise For Third Week On Escalating Israel-Iran Conflict
Since June 2023, naval authorities have seized around 171,000 barrels of crude and millions of litres of illegally refined fuels from criminal networks, Chief of Naval Staff Vice Admiral Emmanuel Ogalla said at a briefing in the capital Abuja.
The navy also began verifying oil cargoes loaded at Nigeria’s five major export terminals in January to combat oil theft at its source, Ogalla said.
The navy has acquired patrol boats, three new ships and three AW 139 Trekker helicopters. It is also building two additional seaward defence boats and will take delivery of two 76-meter offshore patrol vessels from Dearsan Shipyard in Turkey.

Read Also

Petrol Price Set To Rise Again As Dangote Increases Gantry Price To N1,350/Litre

Saudis Shut Down Oil Pipeline As Houthis Tighten Grip On Red Sea Shipping

$107 Crude Oil Puts More Pressure On Petrol Prices, Nigerians Brace For Hike

Previous Post

Oil Set To Rise For Third Week On Escalating Israel-Iran Conflict

Next Post

Bill Gates, Bosun Tijani, Ribadu, Others For FIN-Web Conference On AI, Cybersecurity, Tech Innovation At Silicon Valley

Related Posts

Dangote
Oil & Gas

Petrol Price Set To Rise Again As Dangote Increases Gantry Price To N1,350/Litre

September 12, 2026
Saudis Shut Down Oil Pipeline As Houthis Tighten Grip On Red Sea Shipping
Oil & Gas

Saudis Shut Down Oil Pipeline As Houthis Tighten Grip On Red Sea Shipping

September 12, 2026
Petrol Import Rose By 105% To N15.42trn In 2024, Amid Looming Hike In Product Price
Oil & Gas

$107 Crude Oil Puts More Pressure On Petrol Prices, Nigerians Brace For Hike

September 11, 2026
Four Weeks After, Marketers Still Awaiting Dangote Fuel
Oil & Gas

Dangote Oil Refinery Buys 16m Barrels Of Nigerian crude For October

September 10, 2026
Next Post
Bill Gates, Bosun Tijani, Ribadu, Others For FIN-Web Conference On AI, Cybersecurity, Tech Innovation At Silicon Valley

Bill Gates, Bosun Tijani, Ribadu, Others For FIN-Web Conference On AI, Cybersecurity, Tech Innovation At Silicon Valley

Thales Alenia Space wins NIGCOMSAT contract to build NigComSat-2A geostationary satellite

September 14, 2026
Houthi Advance In Yemen Puts U.S. In New Bind

Houthi Advance In Yemen Puts U.S. In New Bind

September 12, 2026
FG Insists King’s College Not Sold As Education Unions Suspend Resumption Nationwide

FG Insists King’s College Not Sold As Education Unions Suspend Resumption Nationwide

September 12, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version