Oil & Energy
NSCDC Nabs Oil Theft Ring Leader
The Nigerian Security and
Civil Defence Corps (NSCDC), in Akwa Ibom State has arrested one Romanio Effiong in connection with the seized 80 drums of products suspected to be Premium Motor Spirit (PMS) by Nigerian Navy.
The Tide gathered that the suspect, Mr Effiong was among the key suspects of illegal oil activities around Niger Delta with his strong hold in Cameroun.
It was further learnt that the Akwa Ibom command of the NSCDC, was still on the trail of the remaining suspects as to ascertain their connection with another 54 drums of PMs.
The commandant of NSCDC, Mr Pedro Ideba, had earlier named one Fabian Alaba as the likely owner of the remaining 54 drums of PMs, adding that the command was planning to track down the other suspects.
It would be recalled that NNS Jubilee, Ikot Abasi had on January 3, 2014 arrested four Cameroonians and three Nigerians for smuggling 134 drums of products suspected to be PMs to Cameroun.
The NSCDC boss, announced last Thursday that Effiong’s arrest was made possible through a high intelligence group of the command as well as other security operatives.
The Tide also gathered that the matter has been charged to count.
He has promised Nigerians that his men will stop at nothing to ensure that the nation enjoys best quality of petroleum products.
Oil & Energy
Reps C’mitee Moves To Resolve Dangote, NUPENG Dispute

Oil & Energy
Increased Oil and Gas: Stakeholders Urge Expansion Of PINL Scope

Oil & Energy
Digital Technology Key To Nigeria’s Oil, Gas Future

Experts in the oil and gas industry have said that the adoption of digital technologies would tackle inefficiencies and drive sustainable growth in the energy sector.
With the theme of the symposium as ‘Transforming Energy: The Digital Evolution of Oil and Gas’, he gathering drew top industry players, media leaders, traditional rulers, students, and security officials for a wide-ranging dialogue on the future of Nigeria’s most vital industry.
Chairman of the Petroleum Technology Association of Nigeria (PETAN), Wole Ogunsanya, highlighted the role of digital solutions across exploration, drilling, production, and other oil services.
Represented by the Vice Chairman, Obi Uzu, Ogunsanya noted that Nigeria’s oil production had risen to about 1.7 million barrels per day and was expected to reach two million barrels soon.
Ogunsanya emphasised that increased production would strengthen the naira and fund key infrastructure projects, such as railway networks connecting Lagos to northern, eastern, and southern Nigeria, without excessive borrowing.
He stressed the importance of using oil revenue to sustain national development rather than relying heavily on loans, which undermine financial independence.
Comparing Nigeria to Norway, Ogunsanya explained how the Nordic country had prudently saved and invested oil earnings into education, infrastructure, and long-term development, in contrast to the nation’s monthly revenue distribution system.
Chief Executive Officer (CEO) and Executive Secretary of the Major Energies Marketers Association of Nigeria (MEMAN), Clement Using, represented by the Secretary of the Association, Ms Ogechi Nkwoji, highlighted the urgent need for stakeholders and regulators in the sector to embrace digital technologies.
According to him, digital evolution can boost operational efficiency, reduce costs, enhance safety, and align with sustainability goals.
Isong pointed out that the downstream energy sector forms the backbone of Nigeria’s economy saying “When the downstream system functions well, commerce thrives, hospitals operate, and markets stay open. When it fails, chaos and hardship follow immediately,” he said.
He identified challenges such as price volatility, equipment failures, fuel losses, fraud, and environmental risks, linking them to aging infrastructure, poor record-keeping, and skill gaps.
According to Isong, the solution lies in integrated digital tools such as sensors, automation, analytics, and secure transaction systems to monitor refining, storage, distribution, and retail activities.
He highlighted key technologies including IoT forecourt automation for real-time pump activity and sales tracking, remote pricing and reconciliation systems at retail fuel stations, AI-powered pipeline leak detection, terminal automation for depot operations, digital tank gauging, and predictive maintenance.
-
Sports11 hours ago
Ezeji Urge NFF To Investigate Igenewari George’s death
-
Niger Delta11 hours ago
D’Gov Hails Amananaowei-Elect, Ogboloma Chiefs Council …Wants Accountability, Transparency In Traditional Administration
-
Sports11 hours ago
Group Plan To Discover Africa next football stars
-
News10 hours ago
Make in Nigeria conferences and Exhibitions; PHCCIMA, others laud organisers for boosting SMES
-
Oil & Energy11 hours ago
“PENGASSAN Orders Halt Of Gas Supply To Dangote Refinery
-
Education10 hours ago
Students Eulogises PGSA Leadership Role in RSU dev
-
News11 hours ago
Nigeria At 65: RSG Holds Special Church Service …Cleric Calls For Peace
-
Niger Delta11 hours ago
Delta, Tantita Security Services Inaugurate Classrooms for Inmate Education