• 4 minutes "Natural Gas Trading Picks Up Considerably Amid High Volatility" by Charles Kennedy - ...And is U.S. NatGas Futures dramatically overbought at the $6.35 range?
  • 8 minutes How Far Have We Really Gotten With Alternative Energy
  • 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 4 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days Revisiting: "The U.S. Grid Isn’t Ready For A Major Shift To Renewables" from March 2021 by Irina Slav at OILPRICE
  • 9 hours What China is Learning from Russia's War in Ukraine and its Consequences
  • 5 days How cheap Chinese tires might explain Russia's 'stalled' 40-mile-long military convoy in Ukraine
  • 1 day Failure To Implement Russian Oil Ban Could Send Oil Crashing To $65
  • 3 days Natural Gas is the Cleanest and most Likely Source of Energy to Fuel the World.
Charles Kennedy

Charles Kennedy

Charles is a writer for Oilprice.com

More Info

Premium Content

Niger Delta Avengers Reject Talks; Blow Up Another Chevron Well

The Niger Delta Avengers (NDA) strike again.

The Nigerian government said that it would scale back its military campaign against the Avengers and push for negotiations after a flurry of attacks against oil infrastructure and pipelines. The Avengers have knocked off somewhere between 600,000 and 1 million barrels per day of oil production, taking Nigeria’s oil production to its lowest level in more than two decades. The Niger Delta Avengers are seeking to take the country’s oil production down to “zero” in an effort to achieve its goals, which include control of oil in the Delta and “to liberate the Niger Delta people.” The shocking effectiveness from the group has the Nigerian government scrambling, desperate for any sort of solution. Nigeria is facing an economic crisis, and the oil disruptions are exacerbating the problem.

"I want to call on the militants to sheath their weapons and embrace dialogue with government," oil minister Emmanuel Ibe Kachikwu said on Monday. "Probably we will suspend the operations of the military in the region for a week or two for individuals in the creeks to converge for the dialogue," he said.

But the Niger Delta Avengers quickly rejected the government’s request for talks. On Wednesday, the Avengers said they aren’t interested in talks and they also said that they had carried out another attack on a Chevron oil well. Related: Why Did Natural Gas Prices Just Rise 25% In Two Weeks?

The attacks have become so frequent and fierce that Royal Dutch Shell has temporarily abandoned efforts to repair a major oil pipeline that was damaged months ago. Shell’s Forcados export pipeline was attacked in February, taking the 250,000 barrel per day export terminal offline. Shell began repairs, but more attacks from the NDA last week, forcing Shell to pull out their maintenance workers.

“We cannot operate or repair if our people are threatened,” Shell’s CFO Simon Henry said in an interview in London.

Several oil export terminals are under force majeure, including the Forcados, Brass River and Bonny Light terminals.

By Charles Kennedy of Oilprice.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News