The Impact Of Oil Theft In Nigeria Has Been Exaggerated ...Middle East

OILPRICE - Economy
The Impact Of Oil Theft In Nigeria Has Been Exaggerated
source : OILPRICE ( Middle East ) () 14
Metering errors account for around 40% of the crude oil losses in Nigeria’s production generally attributed to oil theft, according to the head of the Nigerian upstream watchdog. A forensic audit on the scale of crude theft, conducted by the Nigerian Upstream Regulatory Commission (NUPRC) for the period between January 2020 and November 2022, has shown that 40% of the volumes thought to be lost to oil theft were actually due to inaccuracies in measurement at oil and gas facilities, NUPRC’s chief executive officer Gbenga Komolafe said.…

Hence then, the article about the impact of oil theft in nigeria has been exaggerated was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( The Impact Of Oil Theft In Nigeria Has Been Exaggerated )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
HEROAD läutet eine neue Ära des Gamings ein: Professionelle Ausrüstung zu unschlagbaren Preisen
PR Newswire - before 9 hours & 32 minute
Monroe University Recognized with "Pathway Builder Award" at 2026 New York State College Access Conference
PR Newswire - before 11 hour & 59 minute
Easter egg shoppers facing shrinkflation double whammy, warns Which?
INDEPENDENT - before 11 hour & 17 minute
Beijing Spends $120 Billion to Lock Down Critical Minerals Worldwide
OILPRICE - before 11 hour & 31 minute
Lovense Integrates OpenClaw, Pioneering a New Era of AI Agents in Intimacy Technology
PR Newswire - before 9 hours & 50 minute
From Volcanoes to No-Man's Land, Infinix NOTE 60 SERIES Is Built for Every Extreme
PR Newswire - before 9 hours & minute
GENIXGREEN lance de nouvelles solutions de stockage haute tension en Afrique du Sud et établit un partenariat stratégique avec CNBM et Megarevo pour développer le stockage d'énergie en Afrique australe et de l'Est.
PR Newswire - before 5 hours & 13 minute
Taiwan hosts APEC Workshop Highlights Innovative Technologies for Low-Carbon Food Supply Chains
PR Newswire - before 11 hour & 28 minute
Oil Prices Edge Lower but Remain Poised to End the Week Higher
OILPRICE - before 4 hours & 51 minute
SWI Group secures €260M capital increase in relation to the expansion to North America of its AI & data center strategy
PR Newswire - before 2 hours & 36 minute
U.S. approves $6.2 billion merger set to reshape local TV
Washington Post - before 10 hours & 52 minute
Small businesses reeling from tariffs brace for spiking oil prices
Washington Post - before 2 hours & 18 minute


Latest News

Oil Inches Higher as Iran Strikes Kuwait’s Mina Al-Ahmadi Refinery

before 10 minute

Mondevo Group annonce Phiphen International, un nouveau partenariat international dans le domaine des médias

before 19 minute

Qatar to Lose $20 Billion Annual Revenue from Iranian Attacks on LNG

before 25 minute

IEA Urges Working From Home and Cutting Air Travel to Ease Oil Supply Shock

before 55 minute

Why Easter is no longer a cheap holiday for families – and how to cut costs

before 58 minute

Infosys and Formula E Launch AI-Powered Race Centre, Taking Fan Experience to Pole Position

before hour & 5 minute

How to have a cheaper family Easter

before hour & 28 minute

LinkedIn Invited My AI 'Cofounder' to Give a Corporate Talk—Then Banned It

before hour & 31 minute

UniAthena's MBA Specializations Continue to Bridge Skills Gap in Global Business Market

before hour & 50 minute

Australia Weighs Windfall Tax on Energy Giants as LNG Prices Surge

before hour & 56 minute

Everything you need to know about new tax year changes from 6 April

before hour & 58 minute

Persistent Appoints Hari S. Abhyankar as Executive Vice President and Global Head of Private Equity and Professional Services

before 2 hours & 4 minute

Small businesses reeling from tariffs brace for spiking oil prices

before 2 hours & 18 minute

SCANOLOGY Introduces SIMSCAN-S Gen2, Palm-Sized 3D Scanner Delivering 0.015 mm Accuracy for High-Precision Inspection

before 2 hours & 20 minute

SWI Group secures €260M capital increase in relation to the expansion to North America of its AI & data center strategy

before 2 hours & 36 minute