Royal Dutch Shell Plc  .com Rotating Header Image

REUTERS: Force majeure declared on Nigeria’s Bonny oil-trade

Wed Feb 6, 2008 11:59am

LONDON, Feb 6 (Reuters) – Royal Dutch Shell (RDSa.L: Quote, Profile, Research) has declared a force majeure on shipments of its Bonny Light crude oil in Nigeria, trade sources said on Wednesday.

Sources said they were not sure why Shell declared the force majeure on the 400,000 barrel per day oilfields.

Shell officials were not immediately available to comment. The declaration allows companies to suspend the contractual obligations, such as deliveries of oil and gas, following unforseen events, without incurring penalties.

(Reporting by Randy Fabi; Editing by Anthony Barker)

http://www.reuters.com/article/rbssEnergyNews/idUSL0657476820080206?sp=true

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.