Military recovers 3.75 mil barrels of stolen crude Nigeria losing close to 400,000 b/d oil output to theft: NNPC Bonny Light, Forcados exports remain disrupted Nigerian security agencies have scaled up operations to dislodge thieves ravaging oil pipelines and other production facilities in the Niger Delta region, the military said Aug. 12, as the country attempts to restore production to normal levels. Sustained offensives by government troops in the main oil-producing Bayelsa, Delta, and Rivers states in the heart of the Niger Delta region led to the recovery of 3.75 million barrels of crude oil stolen from wellheads and pipelines, the military said in a statement. Mele Kyari, the CEO of Nigeria National Petroleum Co. Ltd., said in July that Nigeria was losing 400,000 b/d of oil production to theft, and added that […]