November 22, 2024NewsPowerSabotageTransmission

For the 3rd time in 2024, vandals attack TCN’s Ahoada-Yenagoa 132kV Line in Bayelsa, steal one-third of 250mm conductors

… disrupt ongoing repairs of Ahoada-Yenagoa 132kV Line In a similar incident, vandals attack 31 towers along 330kV Benin-Egbin, Benin-Omotosho transmission lines Oredola Adeola For the third time in 2024, the Transmission Company of Nigeria (TCN) has confirmed that vandals…

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September 27, 2024DocumentaryExtractive IndustryImpactNewsOil & GasOil theftSabotageSpecial ProjectUpstream

NEITI 2022/2023 reveals over $6.049 bn, N65.9 bn in unpaid royalties, gas flare penalties as of Aug. 31, 2024

… shows over $6.071 bn, N66.4 bn in outstanding collectable revenues due to FG in oil, gas industry at of June 2024 … Nigeria records 7.68 mllion barrels of crude oil stolen, lost due to oil theft, other factors  …

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September 24, 2024DistributionNewsPowerSabotageTransmission

Vandals hit TCN’s reconstructed T372 tower on Gombe-Damaturu-Maiduguri 330kV line just 7 months after restoration

… as power supply disrupted in Yobe, Maiduguri … TCN works on temporary alternatives, via Potiskum, Maiduguri Emergency Power Plant   Oredola Adeola Just seven months and 20 days after its full reconstruction and energization, the Transmission Company of Nigeria…

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September 11, 2024DownstreamMidstreamNewsOil & GasReviewSabotage

Ogbechie,GMD Rain Oil, Okulaja-Kotun ,VC CORAN call for full deregulation of petrol pricing, demand fair market practices

… challenge FG to end importation of substandard petroleum products, assert local refiners can deliver quality Tokunbo Thelma Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and Crude Oil Refiners Association of Nigeria (CORAN) have called on the Nigerian…

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August 27, 2024NewsPowerSabotageSecurityTransmission

Transmission towers vandals persist despite arrests, as TCN confirms another incident in Osun State

Oredola Adeola Despite numerous arrests made so far 2024, electricity vandals have continue their onslaught unabated, as Transmission Company of Nigeria (TCN) has again confirmed the capture of a vandal in Osun State, caught in the act of returning to…

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August 22, 2024DownstreamNewsSabotage

NAFDAC seizes three petrol tanker trucks in Apapa for allegedly transporting edible vegetable oil 

… trucks heading to oil processing facility in Sango-Ota, Ogun state …  allegedly owned by OSAD oil & gas marketing company Oredola Adeola The National Agency for Food and Drug Administration and Control (NAFDAC) has seized three petrol tanker trucks…

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August 21, 2024DownstreamMidstreamNewsOil theftSabotage

Nigerian Navy dismantles illegal refinery in Rivers State capable of producing 2m litres of Diesel per day

… says illegal refiners use drums for refining stolen crude, gaining tactical advantage with easy dismantling   Oredola Adeola The Nigerian Navy Ship PATHFINDER has dismantled a large-scale illegal crude oil refining site along the Ogoloma-Isaka River in Rivers State,…

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August 17, 2024ConcessionNewsSabotage

Presidential Jets Seizure: Zhongfu firm is an imposter, it’s Chinese against Chinese- Senator Ibikunle Amosun explains his part 

… urges FG to handle Zhongfu International Investment FXE with same rigor as P&ID case Oredola Adeola Senator lbikunle Amosun, former Governor of Ogun State has expressed commitment to work with the Ogun State and the Federal Government agencies in…

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August 16, 2024DocumentaryNewsSabotage

Ogun Free-Trade Zone Hoax: Zhongshan, Chinese firm’s attempt to strip 3 Nigeria’s Presidential jets, other assets in foreign jurisdictions

… as FG vows to discharge controversial orders by Paris Court in March, August 2024   Oredola Adeola A 2007 contract between Ogun State and Zhongshan Fucheng Industrial Investment Co. Ltd., intended to manage a free-trade zone, has unraveled into…

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August 15, 2024DistributionGenerationNewsPowerSabotageSecurity

“Damaging power assets will no longer be business as usual”- Adelabu warns vandals

… as FG collaborates with civil- military committee on energy security Oredola Adeola We are collaborating with the Civil-Military Committee on Energy Security, to let the vandals know that it will never be business as usual, and that the damage…

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