Energy
Nigeria: Chevron, Mobil, others ignore $17bn crude oil theft probe
International Oil Companies operating in Nigeria have ignored probe summon over an alleged theft of crude oil and Liquefied Natural (LNG) worth $17 billion exported to global destinations, including United States of America.
While some of the major oil companies have responded to inquiries and pleaded for time to provide details of their involvement, others blatantly ignored inquiry and have refused to explain their complicity in the illegal crude export.
The Oil companies that are yet to respond to enquiries include; Shell (US) Trading Company (STUSCO), Mobil Producing Nigeria, Chevrom Petroleum Nigeria Limited, ESSO Exploration and Producing Nigeria and EXXON Mobil.
Others are Star Deep Water Petroleum Limited, Brass Oil Services Company Nigeria Limited, Supreme Jute and Kntex Limited, Consolidated Oil Limited and Duke Oil Company Limited.
The House of Representatives had ordered probe of about 20 oil companies and some government agencies following a motion sponsored by the member representing Egor/Ikpoba-okha of Edo State, Johnson Agbonayinma.
The Oil companies in connivance with some federal government agencies were allegedly involved in the illegal exports between the years 2011-214, thereby set-up a special ad-hoc committee to probe the deal.
The House in December inaugurated the ad-hoc committee headed by the Chairman of the House Committee on Media and Publicity, Abdulrasaq Namdas, to probe the alleged theft and ensure that the stolen funds were recovered.
However, inquiries by the committee were ignored by some major international oil companies and government agencies, while others pleaded for more time to enable them provide required information.
While the Central Bank of Nigeria (CBN), Nigeria Liquefied Natural Gas (NLNG) and the Department of Petroleum Resources (DPR) pleaded for an extension of time to explain their involvement in the crude exports, the Nigerian Customs Service, Nigerian Ports Authority, Nigerian Navy and the National Petroleum Investment Management Services (NAPIMS) are yet to respond to the letter.
The committee is reviewing a 2013 report produced by Molecular Power System (Nigeria) Limited, a firm engaged by former President Goodluck Jonathan to look into the records of crude oil and liquefied natural gas lifting in Nigeria, obtained by the NNPC.
-
Football4 days agoXabi Alonso targets Arda Guler as Chelsea prepare €100m transfer bid
-
Football4 days agoFIFA confirms Jay-Jay Okocha holds World Cup record
-
Business1 week agoNigeria gets 2026 Toyota RAV4 as Toyota-By-CFAO sets Lagos launch date
-
Editorial Opinion7 days agoUnder the Uniform: The urgent need for mental health, substance abuse screening for officers
-
Politics3 days agoAmuwo Odofin: Umeadi emerges winner of NDC Reps Primary
-
Aviation4 days agoInside Airport Luggage Theft: Experts warn of rising insider syndicates
-
Latest6 days agoTinubu’s daughter decries alleged irregularities in Lagos APC primaries (Video)
-
Featured1 week agoEx-Police chiefs’ governorship bids spark debate over source of political funding

