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Petroleum Producers Task Next Admin on Crude Oil Theft, Others

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Petroleum Producers

By Adedapo Adesanya

The Independent Petroleum Producers Group (IPPG) has called on the next administration to address the bottlenecks mitigating against industry growth and energy security.

This call was made by the Chairman of the group, Mr Abdulrazaq Isa, on Monday in Abuja at the ongoing sixth edition of the Nigeria International Energy Summit (NIES).

Mr Isa said the administration’s agenda for the industry should be geared toward improving investor confidence through the effective implementation of the Petroleum Industry Act (PIA) and strengthening regulatory institutions.

He said the incoming administration should arrest the menace of crude oil theft across the Niger Delta, which still lingered in spite of the recent successes recorded by the federal government.

Mr Isa listed others as harnessing the nation’s hydrocarbon asset, particularly gas to catalyse and rapidly industrialise the economy, building a broader value-creating midstream (gas processing plants) and downstream (refineries) and transforming Nigeria into a product supplier.

He emphasised the need to eliminate industry-wide subsidies for all hydrocarbon and refined products as they remain detrimental to the growth of a vibrant industry.

Mr Isa also called for an immediate repositioning of the industry.

“The Nigerian oil and gas industry has a very limited window to get things right and must work toward the rapid exploitation of its vast hydrocarbon assets for the socio-economic transformation and deploying same to guarantee our energy security.

“It is instructive to note that this edition of the NIES will be the last of this current administration.

“It is on that note and on behalf of the Board of Trustees and the Governing Council of the IPPG I commend President Muhammadu Buhari for his unwavering commitment to the survival and growth of our industry.

“Under his leadership, his administration has delivered unprecedented milestones across the entire industry, notably, the enactment of PIA in 2021, which has boosted investor confidence after a two-decade lull in activities.

“This landmark legislation has begun the transformation of Nigeria’s oil and gas industry and laid a solid foundation for the growth and development of the industry for future generations,’’ he said.

On his part, Mr Omar Farouk, the Secretary-General African Petroleum Producers’ Organisation (APPO), called for enabling environment for African energy security.

Mr Farouk listed challenges in the African energy industry as a lack of funding, technology and reliance on foreign markets.

He said for seven decades, Africa had been producing petroleum; it had relied essentially on external finance and always depended on foreign technology and, to some extent, expertise to produce the products.

Mr Farouk said that these three challenges had been the focus of APPO in the last three years, and it had concluded that the future of the industry lay in the hands of Africans.

“For the funding of the oil and gas projects across the continent, we have gone into partnership with the African Export-Import Bank to establish Africa Energy Bank with the objective of financing oil and gas projects in the continent.

“For technology and expertise, the APPO secretariat has just concluded a tour of institutions of oil and gas training in some of our member countries for centres of excellence in the petroleum industry.

“We want to banish the mindset that our people are too poor to buy energy and empower people to have access to energy,’’ he said.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Navy Destroys Nine Illegal Refineries in Rivers, Seizes Stolen Oil

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Nigerian Navy

By Adedapo Adesanya

The Nigerian Navy Ship (NNS) Pathfinder has dismantled nine illegal refining sites in Ogba/Egbema/Ndoni Local Government Area of Rivers State, seizing over 170,000 litres of suspected stolen and illegally refined petroleum products.

This is the latest in a long series of efforts to curb oil theft hampering crude oil production and economic growth in Africa’s largest oil producer.

The operation, carried out yesterday (Wednesday) uncovered a sprawling network of criminal infrastructure, including 45 ovens, 30 reservoirs, and 75 dugout pits, according to Commodore Cajethan Nnabuchi Aniaku, Commander of NNS Pathfinder.

He revealed that the illegal sites were stocked with approximately 60,000 litres of suspected stolen crude oil, 80,000 litres of illegally refined Automotive Gas Oil (AGO) known as diesel, and 33,000 litres of kerosene.

He said, “During the operation, the Tactical Riverine Assault Squadron Team acting on credible intelligence discovered two wellheads connected with pipes used for siphoning crude oil to illegal camps.

“The team dismantled the connected pipes to the wellheads and destroyed the illegal refining sites. The products were handled in accordance with anti-crude oil theft procedures,” he added.

The outfit could not make any arrests as the perpetrators fled on sighting the patrol team, the scale of the seizure underscores the magnitude of oil theft operations still active in the Niger Delta.

Commodore Aniaku praised the bravery and professionalism of the personnel involved and reaffirmed the Navy’s unwavering resolve to stamp out economic sabotage.

“Under the leadership of Vice Admiral E. I. Ogalla, the Nigerian Navy remains committed to combating crude oil theft and illegal bunkering activities which pose significant threats to the nation’s economy and energy security,” he stated.

The latest crackdown comes as the Navy intensifies its riverine operations across the oil-rich region, aligning with national efforts to boost crude production and plug revenue leakages caused by pipeline vandalism and illegal refining.

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Petrobas Mulls Re-entry into Nigeria, Eyes Deepwater Exploration

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Petrobras Oil

By Adedapo Adesanya

Brazilian state oil company, Petrobras, is seeking a return to Nigeria’s oil sector with a renewed focus on frontier deepwater exploration.

This came as part of efforts to strengthen ties between both countries.

In a statement on Wednesday, Mr Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications, announced that the development came during an interministerial review meeting.

The meeting, chaired by Vice President Kashim Shettima at the Presidential Villa in Abuja, was held to prepare for the second session of the Nigeria-Brazil Strategic Dialogue Mechanism (SDM) in June 2025.

Petrobras, the equivalent of Nigerian National Petroleum Company (NNPC) Limited, had previously wound down its Nigerian operations at the Agbami Field.

Now, with renewed economic reforms under President Bola Tinubu, the company is actively engaging the Nigerian authorities for fresh investment opportunities.

Speaking at the session, Vice President Shettima underscored the strategic importance of Nigeria’s relationship with Brazil, especially as Brazil prepares to host a series of global summits this year.

Providing further insight into Petrobras’ return, Minister of Foreign Affairs, Mr Yusuf Tuggar, confirmed ongoing discussions with the state owned oil company.

“Apart from ethanol, which they are hoping to engage the NNPCL for blending, Petrobras is also being actively engaged, and we expect they will form part of the delegation to Nigeria,” Mr Tuggar said.

“Petrobras is no longer active in Nigeria, but they are very keen on coming back. They said they want frontier acreage in deep waters.”

Brazil is one of the leading crude oil producers in the world and the largest in Latin America, producing 3 million barrels of crude oil per day.

In addition, the country has proven oil reserves of over 12 billion barrels, primarily located offshore in the Atlantic Ocean.

Petrobras dominates the sector, especially in offshore exploration and production but has joint ventures with international oil companies such as Shell, TotalEnergies, Equinor, and Chevron.

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Dangote Cement Lights up 21 Communities in Yewaland

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Dangote Cement 21 communities Yewaland

By Aduragbemi Omiyale

Some electrical materials have been handed over to the Ibadan Electricity Distribution Company (IBEDC) to enable about 21 communities in Yewaland, Ogun State, to have power restored to them after three years of blackout, thanks to the Ibese plant of Dangote Cement Plc.

This gesture spurred traditional rulers from the affected towns to shower praises on the chairman of Dangote Cement Plc, Mr Aliko Dangote, for approving over N100 million for the procurement of the needed electrical items, which were handed to electricity distribution company for the area, Ibadan Electricity Distribution Company (IBEDC).

The Olu of Imasayi, Oba Lukman Kuoye, described the donation as the result of some positive engagements the management of Ibese Plant had with various interest groups especially the communities and the IBEDC on the way out of the protracted blackout.

“We thank God it is a reality today that we are on the way to getting reconnected to national grid after over three years in darkness. We want to thank Dangote Cement Ibese Plant for this development. We are not taking this for granted.

“Dangote Cement is the only transformer that is illuminating the Yewa communities and Ogun State in general with its CSR projects. The management did not even consider the IBEDC’s inertia but still went ahead to donate materials that are supposed to be provided by the distribution company,” he enthused.

On his part, the Aboro of Ibeseland, Oba Rotimi Mulero, thanked Dangote Cement and Mr Dangote for always rising to the task of helping the communities, saying the provision of the electrical materials would go a long way to further cement the existing cordial relationship between the company and the communities.

The monarch promised that the communities would do everything possible to ensure the protection of the electricity infrastructure when installed and warned that the people would not take kindly with vandals any longer

The Ibese Plant Director of Dangote Cement, Mr Roy Uttam, while handing over the electrical materials within the premises of Ibese Police Station, said the donation was part of efforts made by the cement plant management to halt the prolonged blackout in the affected towns and villages, and advised the people to ensure the electrical installations are protected.

Mr Uttam pointed out that the plant management had invested millions of Naira to purchase the electrical materials in the spirit of good neighbourliness, noting that, “Otherwise it should be the job of the IBEDC to provide the materials as a business venture that would be collecting money from the customers after reconnecting them.”

“The management of Dangote Cement Plc is donating the electrical materials to close out the lingering power outage in the affected communities which have been in darkness for years due to vandalisation of cables and other installations by unscrupulous elements,” he added.

He further explained that the decision to intervene was borne out of genuine care for the people and the desire to help mitigate the negative impact of the outage on socio-economic activities of the people. He reiterated the cement company’s commitment to the sustainable development of its host communities and continued collaboration on initiatives geared towards the general wellbeing of the people.

Receiving the materials on behalf of the management of IBEDC, the Technical Engineer for the Sango Business Hub, Mr Ayodeji Taiwo, thanked the cement maker for the provisions, assuring stakeholders of speedy action by the electricity distribution company to facilitate quick reconnection of the communities within timelines.

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