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All posts tagged "Force Majeure"

  • Naira records highest gain in 18 months

    The naira recorded its highest gain in 18 months on Monday, snapping four days of decline as the Central Bank of Nigeria sold $300m in its Wholesale Dutch Auction System market. The currency strengthened by 1.6 per...

    • Posted June 18, 2013
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  • Oil production drops by 127,000bpd

    Nigeria’s crude oil production has dropped by 127,000 barrels per day from about 2.3 million bpd following the declaration of force majeure on Usan crude by the oil major, Total Plc. The force majeure,  Total said in a statement made...

    • Posted May 31, 2013
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  • Mobil Producing Nigeria declares Force Majeure

    Mobil Producing Nigeria, operator of the Nigerian National Petroleum Corporation, (NNPC)/MPN Joint Venture today confirms that it has declared a Force Majeure due to the difficulty in meeting projected liftings because of repair work on a section...

    • Posted February 8, 2013
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