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Oil Theft, Explosions, and Militants: Nigeria’s Energy Future at Risk
Despite hitting a 2024 high of 1.7 million barrels per day, Nigeria's goal of boosting production by 1 million bpd is at risk due to persistent pipeline attacks and theft.
Pipeline explosion threatens Nigerian oil exports amid Rivers State ...
A critical crude oil pipeline in Nigeria’s Rivers State exploded early on Tuesday, threatening significant disruptions to the country’s oil exports, and potential revenue losses of up to $440m per month.
Nigerian Oil Pipeline Sabotage Threatens Crude Output Revival
Nigeria’s push to revive oil production and encourage investment has been put at risk by sabotage at the heart of its crude pipeline system. Better security has been key to a recovery in the ...
Rivers pipeline explosion may cost $35.3m loss daily as state of ...
“The latest security reports made available to me show that between yesterday and today there have been disturbing incidents of vandalization of pipelines by some militant without the governor ...
Nigeria’s Rivers State crisis highlights oil sector challenges | Semafor
A ruptured pipeline in Nigeria has sparked a political crisis that highlights the challenge of increasing output and revenues in Africa’s biggest crude oil exporter, amid broader efforts to revamp the economy. Nigeria’s economy is reliant on oil exports, with the commodity providing more than 90% of the country’s foreign exchange earnings.
Nigerian Oil News | Latest Nigeria Oil News - NewsNow
About our Nigerian Oil news Latest news on Nigerian oil, covering petroleum industry, NNPC, Niger Delta developments, production updates, environmental impact and energy sector reforms in Africa's largest producer. Nigeria stands as Africa's largest oil producer, with proven reserves of approximately 37 billion barrels.
Nigeria’s biggest oil pipeline restarts amid Rivers’ crisis
The Trans-Niger Pipeline, which transports approximately 450,000 barrels of crude oil per day, was temporarily shut down following an explosion on March 17, 2025. The incident, which caused significant damage to the infrastructure, disrupted oil exports and heightened fears about the security of Nigeria’s critical energy assets.
Oil theft: NNPCL uncovers 77 illegal refineries, pipelines in one week
The Nigeria National Petroleum Company Limited, NNPCL, says it has uncovered a total of 77 illegal refineries and pipelines in one week across the Niger Delta region. We gathered that Nigeria recorded over 589 oil spills in 2024, most of which were caused by oil theft.
Nigeria Loses $13 Million in Crude Oil Due to Rampant Pipeline ...
The federal government has unveiled alarming statistics revealing the loss of $12.74 million worth of crude oil in 7,143 pipeline vandalism cases over the past five years. The disclosure was made during the Nigeria International Pipeline Technology and Security Conference in Abuja by the Nigeria ...
Nigeria Faces Oil Decline as Explosion Hits Key Pipeline
What Happens Next? The explosion on the Trans-Niger Pipeline highlights Nigeria’s vulnerable oil industry and the urgent need for better security, stronger infrastructure, and economic diversification. For now, the government and oil companies are working to contain the fire, assess the damage, and determine how soon the pipeline can be repaired.