Tag: Force Majeure

Shell declares force fajeure on Bonny Light
Energy

Shell declares force fajeure on Bonny Light

Royal Dutch Shell’s subsidiary, SPDC said it has declared force majeure on its Bonny Light crude exports. According to Reuters News, SPDC said in a statement that the shutdown of the Nembe Creek Trunk Line had prompted the force majeure. Reuters said exports of Bonny Light are expected to run […]

ExxonMobil Schemes Pipeline Alternation
Global

ExxonMobil Schemes Pipeline Alternation

In order to remain in business, while militant attacks still persist in Nigeria, ExxonMobil said is working on a plan to export Qua Iboe crude oil via an alternate pipelines. It aims to do this in the interim while it repairs damage to the main export line sustained in July. […]