Reuters: Exxon, Shell say production still down in Nigeria
Thu May 1, 2008 8:55am EDT
LAGOS, May 1 (Reuters) – Exxon Mobil (XOM.N: Quote, Profile, Research) said on Thursday its production in Nigeria remained shut in while talks with striking unions continued, denying market rumours that it had begun to restart its 800,000 barrels per day (bpd) output.
A spokesman for Royal Dutch Shell (RDSa.L: Quote, Profile, Research) also said the company had yet to reopen production shut in by recent militant attacks. Shell said earlier this week that 164,000 bpd of its output had been lost due to the attacks.
(For full Reuters Africa coverage and to have your say on the top issues, visit: africa.reuters.com/ )
(Reporting by Daniel Flynn and Tume Ahemba)
Shell reports 169,000 bpd output loss in Nigeria
http://www.reuters.com/article/marketsNews/idUSL0144502620080501
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