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19 Sep 2014 Black gold buccaneers: Is Nigeria’s failing amnesty causing rise in oil piracy?
19 Sep 2014 Decline in oil prices puts naira under pressure
19 Sep 2014 Forte Oil in talks to acquire oil production assets
19 Sep 2014 Fresh Onslaught On Oil Thieves, Sea Pirates, Other Maritime Criminals
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 … securing the future of developing nations

Theft of oil costs oil companies, governments (and the communities they serve) hundreds of millions of dollars each year in Nigeria alone. In addition to loss of revenue, oil theft fuels violence and insecurity, feeds corruption, finances the purchase of weapons, corrupts youth, escalates youth unemployment, causes environmental pollution and destabilizes communal life.

The concept of oil certification follows the success of the “conflict diamonds” initiative and aims to hit the well-organised theft of oil by choking off the market for the stolen oil and interrupting the supply chain.
 
    
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