• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Nigeria blows up illicit oil vessels in airstrike operation

2 years ago
in Business, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
43
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Nigeria blows up illicit oil vessels in airstrike operation

As a major crackdown on illegal oil activities unfolds in Nigeria, security forces have launched airstrikes at vessels carrying stolen crude in the Niger Delta, destroying the vessels and their cargo.

A security operation in Nigeria’s Rivers State caught three vessels stealing crude from a pipeline and launched air strikes designed to completely destroy the vessels and serve as a potential deterrent for others involved in illicit oil activities.

Nigerian security forces also said it has spotted another illegal refining site “with tanks and reservoirs loaded with suspected illegal refined products”. That site was also destroyed in an airstrike over the weekend.

“The days of treating criminal elements in our country with kids’ gloves is over. We must continue on this trajectory until we bring all of them to their knees,” The Guardian of Nigeria quoted Air Marshal Hasam Abubakar as saying.

The airstrikes come after the Nigerian military last week destroyed 36 illegal refining sites and arrested 22 suspected oil thieves in the Niger Delta. The operation reportedly recovered 310,700 liters of crude oil; 14,675 liters of Automotive Gas Oil, 49,000 liters of Dual Purpose kerosene and assorted weapons.

Nigeria’s premium oil grade is Bonny Light, named after its Bonny oil hub, which last year was said to be losing nearly all of its oil output to theft.

RelatedPosts

New IPP Deal to Save Ghana $300m – Energy Minister

First National Bank Marks 10 Years in Ghana

ORC Sets October 30 Deadline for Companies to File Beneficial Ownership Information

Nigeria’s petroleum officials have varyingly estimated that the country is losing between 200,000 and 400,000 barrels of oil per day to illicit activities.

Nigeria is hoping to increase its oil output to up to 1.7 million bpd by November, hoping to win a higher quota in the OPEC+ agreement, though the country has consistently failed to produce to its quota, due to pipeline vandalism, oil theft and lack of investment capacity.

Nigeria’s quota was 1.742 million bpd earlier this year, but due to its underproduction of more than 400,000 bpd, the output cap for Nigeria was lowered to 1.38 million bpd at the OPEC+ meeting in early June.

Tags: Nigeria blows up illicit oil vessels in airstrike operation
No Result
View All Result

Highlights

Current BoG FX Framework to Limit Market Volatility, Not Defend the Cedi – Governor Asiama

Bank of Ghana Trains Journalists to Enhance Reporting on Monetary Policy Issues

West Africa’s Stock Market Hits Record $21bn Capitalisation

Congo Pitches World’s Largest Hydro Site as Power Source for AI Data Centres

New Mining Deals, More Profit For Africa

The Rent vs. Own Dilemma in Ghana: A Real Estate Reality Check

Trending

Features

New IPP Deal to Save Ghana $300m – Energy Minister

October 17, 2025

New IPP Deal to Save Ghana $300m – Energy Minister The Minister for Energy and Green Transition,...

First National Bank Marks 10 Years in Ghana

October 17, 2025

ORC Sets October 30 Deadline for Companies to File Beneficial Ownership Information

October 17, 2025

Current BoG FX Framework to Limit Market Volatility, Not Defend the Cedi – Governor Asiama

October 17, 2025

Bank of Ghana Trains Journalists to Enhance Reporting on Monetary Policy Issues

October 17, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

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

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.