Shell: Nigeria's Bonny Light Still Under Force Majeure
Royal Dutch Shell said on Wednesday a declaration of force majeure remained in place on shipments of Nigerian Bonny Light crude oil, while exports at the Forcados shipping hub were running as normal. Shell's Nigerian subsidiary, Shell Petroleum Development Company of Nigeria Ltd (SPDC), said on May 17 it had declared force majeure on exports of Bonny light following a shutdown on the Nembe Creek Trunk Line stream. Exports of Bonny Light are expected to run at around 195…
Shell Lifts 'force majeure' for Forcados Liftings
Royal Dutch Shell lifted force majeure on exports of Nigeria's Forcados crude oil, a spokeswoman said on Wednesday. The grade, which typically exports 200,000-240,000 barrels per day (bpd) had been under force majeure since February 2016 following a militant attack on the main export route, the Trans Forcados Pipeline. Last week Shell issued a loading programme for June exports that lifted planned exports from Nigeria to at least a 15-month high. Reporting by Libby George
Trans Forcados Pipeline Restart Seen at Q2 End
Nigeria's Trans Forcados Pipeline which has been shut for most of the last year could reopen "towards the end of the second quarter", Seplat Chief Executive Austin Avuru said. The pipeline, operated by the Nigerian Petroleum Development Company (NPDC), has been hit by several militant attacks, the first on a subsea section in February. Although it reopened briefly in the autumn after months of repairs, further attacks meant the pipeline quickly closed again.
Shell: Nigerian Escravos Flow Shut by Protesters
Royal Dutch Shell has shut down an Escravos crude oil flow station in Nigeria's Niger Delta after villagers demanding aid staged a protest, the firm and residents said on Wednesday. The oil major said the flow station on the pipeline operated by its joint-venture partner SPDC was no longer processing crude oil, but the impact on Escravos exports, which can run via other avenues, was not immediately clear. Shyne Edema, a protest leader, said his group was demonstrating at the facility…
Blast Hits Oil Pipeline Feeding Forcados Terminal in Nigeria's Delta
A blast on Tuesday rocked a pipeline operated by Nigeria's state-run oil firm that feeds the Forcados terminal in the southern Niger Delta energy hub, a spokesman for Nigerian National Petroleum Corp (NNPC) said. The explosion occurred while the pipeline was being repaired following an attack last week, NNPC spokesman Garba Deen Muhammad said. A week ago, community leaders from the restive region, the source of most of Nigeria's oil, met the president and asked him to pull the army out of the energy hub…
Blast Rocks Forcados Pipeline
A blast rocked a pipeline operated by Nigeria's state-run oil firm NNPC that feeds the Forcados terminal in the southern Niger Delta energy hub, a community leader and security source said on Tuesday. The explosion occurred while the pipeline was being repaired following an attack last week, they said. A week ago, community leaders from the restive region, the source of most of Nigeria's oil, met the president and asked him to pull the army out of the energy hub, order oil firms to move headquarters there and spend more on development to end militancy in the region.
Shell Lifts Force Majeure on Nigeria's Forcados Crude Oil Stream
Shell has lifted a force majeure on exports of Nigeria's Forcados crude oil stream that had been in place for more than two months, the company said on Tuesday. "The Shell Petroleum Development Company Joint Venture lifted the force majeure on exports from Forcados Terminal effective 18:00 Nigerian time yesterday, July 13, 2015," Shell said in a statement. The company declared force majeure on the evening on May 5 following "a series of leaks" in the Trans Forcados pipeline that brings the oil to the export terminal.
Shell Declares Force Majeure on Forcados Crude Exports
Shell has declared force majeure on exports of Nigeria's Forcados crude oil stream, a spokesman for the company said on Wednesday. It declared force majeure on the evening on May 5 following "a series of leaks" in the Trans Forcados pipeline that brings the oil to the export terminal. The pipeline itself is operated by the Nigerian Petroleum Development Company (NPDC). Several cargoes of Forcados for May loading were still on offer, with around 189,000 barrels per day (bpd) scheduled for export in six cargoes.