Exxon declares force majeure on crude lifting

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Exxon Mobil has declared force majeure on oil lifting from different terminals in the country following an industrial action by the company’s in-house workers union, a report by Reuters said, quoting a statement released by the company on Monday.

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Production in Nigeria fell behind Angola to about 1M bpd as Shell PLC & Total Energies exited d country amid widespread corruption & security. Exxon has been trying to sell U$D1.2B in shallow-water assets in Nigeria, where it finds operations “challenging”, d company told Reuters

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