• Refine News & Events…
  • Department
  • Commodity (All)
  • Date
  • Archive

Links to previous press releases are below.

News X

Shell declares Force Majeure on Forcados crude exports

Oil

Shell has declared Force Majeure on exports of Nigeria's Forcados crude oil stream, Reuters reports, citing a spokesman for the firm. The measure was declared on the evening of 5 May following a series of leaks at the associated Trans Forcados pipeline, which is operated by the Nigerian Petroleum Development Company. The June export programme, which has not yet started trading, is currently scheduled at an average of 158K b/d.