Showing posts with label Onshore production. Show all posts
Showing posts with label Onshore production. Show all posts

Saturday, October 12, 2013

Shell Nigeria declares force majeure on oil export

LAGOS: Shell Nigeria declared ``force majeure'' Friday on exports of Bonny Light Crude oil, blaming increasing oil thefts that analysts say likely will lead companies to sell off more investments in Nigeria's declining onshore oil industry.