LAGOS, Nigeria (AP) — Royal Dutch Shell PLC says it has lifted a month-long production warning on Bonny Light crude exports from Nigeria. Meanwhile, Exxon Mobil Corp. says it cannot meet forecasts for another grade of crude from the West African nation.
Shell spokesman Precious Okolobo said Wednesday that Shell's Nigerian subsidiary lifted a "force majeure" warning on its Bonny Light crude shipments. The term is used when an oil company cannot cover the promised supply from the field.
Shell declared force majeure on Oct. 19 due to attacks on its Trans-Niger pipeline and flooding.
Meanwhile, Exxon Mobil said in a statement Wednesday that it is declaring a force majeure on Qua Iboe crude because of ongoing repair work on a pipeline.
Nigeria is a top supplier of crude to the U.S.
Legal Community Mourns Passing Of Justice Scalia, ‘One Of The Greatest Justices Our Country Has Known’ | Matt Vespa
The Other U.S. Semi-Auto .30-'06 In World War Two
- 2014: How Many Pages in the U.S. Tax Code?
Saturday night's #GOPDebate brought to you by the word 'liar'
The dominant player at the GOP debate was… the audience
The Craziest GOP Debate of The Cycle: Trump Defends Planned Parenthood, Cruz and Rubio Spar, Audience Boos
Winners and Losers from Tonight’s CBS GOP Debate | RedState
Top 10 Reagan Achievements | Human Events