The Nigeria Navy said its personnel of OPERATION DELTA SANITY II recorded huge success against crude oil theft in the month ... in Bayelsa State with illegal arms and ammunition onboard.

The Nigerian Navy says it apprehended some vessels carrying illicit arms and stolen crude oil and destroyed several illegal refining sites through its Operation Delta Sanity II in the month of March.

“There’s always an arms race for that type of trading,” Hardy said at the CERAWeek by S&P Global conference in Houston on Monday. For Vitol, the world’s largest independent oil ...

The Nigerian Navy says it apprehended some vessels carrying illicit arms and stolen crude oil and destroyed several illegal refining sites through its Operation Delta Sanity II in March.

US oil prices tanked more than 7.5% on Thursday. President Donald Trump's tariffs are battering energy markets as recession fears climb. A surprise decision by OPEC+ to boost oil output ...

HOUSTON, April 3 (Reuters) - Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise increase in output the day after U.S ...

European NATO countries have more than doubled their arms imports over five years, with 60 percent sourced from the US, a leading conflict think tank reported Monday. Ukraine emerged as the ...

The Nigeria Security and Civil Defence Corps Commandant General’s Special Intelligence Squad (CG’S SIS) has arrested 17 suspects for their alleged role in a renewed hostility attack on oil and ...

NATO countries in Europe more than doubled their arms imports in the past five years, more than 60 percent of which were purchases of US weaponry, researchers on Monday. The findings by the ...

On March 10, the Stockholm International Peace Research Institute (SIPRI) released its report titled “Trends in International Arms Transfers, 2024.” This report analyzes major arms transfers ...

These are stark warnings. It’s important to caveat them though with the fact that a lot of future inventory for the oil and gas industry is a function of the current pricing environment ...