• ExxonMobil declares force majeure on Nigeria’s Qua Iboe crude oil

    ExxonMobil declares force majeure on Nigeria’s Qua Iboe crude oil

    ExxonMobil subsidiary Mobil Producing Nigeria has declared force majeure on exports of Nigeria’s Qua Iboe crude oil, the country’s largest export stream, a spokesman said on Friday.

    The declaration came after the company observed a “system anomaly” during a routine check of its loading facility on July 14.

    “We are working to ensure loading activities at the facility return to normal. We cannot speculate on any timeline for repairs,” the spokesman said. “Qua Iboe Terminal is operating and production activities continue.”

    Nigeria has […]