Royal Dutch Shell PLC Declares Force Majeure on Nigerian Bonny Light Crude Oil


Tuesday, 5 Mar 2013 11:04am EST 

Reuters reported that Royal Dutch Shell PLC declared force majeure on its Nigerian Bonny Light crude grade on following a leak on a pipeline. The Company announced the force majeure on its Bonny Light offtake program effective on March 5, 2013 following the shutdown of Nembe Creek Trunkline. 

Latest Key Developments in Oil