U.S. oil company, Exxon Mobil Corp, says it has suspended exports from Nigeria’s top crude stream due to renewed activities of militants in the Niger Delta region.
A statement from the company says it had declared a force majeure – a suspension of deliveries because of events beyond its control – on Nigeria’s Qua Iboe crude oil grade BFO-QUA, and that a portion of production had been curtailed after a drilling rig damaged a pipeline.
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