• 9 hours Russia Approves Profit-Based Oil Tax For 2019
  • 13 hours French Strike Disrupts Exxon And Total’s Oil Product Shipments
  • 15 hours Kurdistan’s Oil Exports Still Below Pre-Conflict Levels
  • 17 hours Oil Production Cuts Taking A Toll On Russia’s Economy
  • 19 hours Aramco In Talks With Chinese Petrochemical Producers
  • 20 hours Federal Judge Grants Go-Ahead On Keystone XL Lawsuit
  • 22 hours Maduro Names Chavez’ Cousin As Citgo Boss
  • 1 day Bidding Action Heats Up In UK’s Continental Shelf
  • 1 day Keystone Pipeline Restart Still Unknown
  • 2 days UK Offers North Sea Oil Producers Tax Relief To Boost Investment
  • 2 days Iraq Wants To Build Gas Pipeline To Kuwait In Blow To Shell
  • 2 days Trader Trafigura Raises Share Of Oil Purchases From State Firms
  • 2 days German Energy Group Uniper Rejects $9B Finnish Takeover Bid
  • 2 days Total Could Lose Big If It Pulls Out Of South Pars Deal
  • 2 days Dakota Watchdog Warns It Could Revoke Keystone XL Approval
  • 3 days Oil Prices Rise After API Reports Major Crude Draw
  • 3 days Citgo President And 5 VPs Arrested On Embezzlement Charges
  • 3 days Gazprom Speaks Out Against OPEC Production Cut Extension
  • 3 days Statoil Looks To Lighter Oil To Boost Profitability
  • 3 days Oil Billionaire Becomes Wind Energy’s Top Influencer
  • 3 days Transneft Warns Urals Oil Quality Reaching Critical Levels
  • 3 days Whitefish Energy Suspends Work In Puerto Rico
  • 3 days U.S. Authorities Arrest Two On Major Energy Corruption Scheme
  • 3 days Thanksgiving Gas Prices At 3-Year High
  • 4 days Iraq’s Giant Majnoon Oilfield Attracts Attention Of Supermajors
  • 4 days South Iraq Oil Exports Close To Record High To Offset Kirkuk Drop
  • 4 days Iraqi Forces Find Mass Graves In Oil Wells Near Kirkuk
  • 4 days Chevron Joint Venture Signs $1.7B Oil, Gas Deal In Nigeria
  • 4 days Iraq Steps In To Offset Falling Venezuela Oil Production
  • 4 days ConocoPhillips Sets Price Ceiling For New Projects
  • 6 days Shell Oil Trading Head Steps Down After 29 Years
  • 7 days Higher Oil Prices Reduce North American Oil Bankruptcies
  • 7 days Statoil To Boost Exploration Drilling Offshore Norway In 2018
  • 7 days $1.6 Billion Canadian-US Hydropower Project Approved
  • 7 days Venezuela Officially In Default
  • 7 days Iran Prepares To Export LNG To Boost Trade Relations
  • 7 days Keystone Pipeline Leaks 5,000 Barrels Into Farmland
  • 7 days Saudi Oil Minister: Markets Will Not Rebalance By March
  • 7 days Obscure Dutch Firm Wins Venezuelan Oil Block As Debt Tensions Mount
  • 8 days Rosneft Announces Completion Of World’s Longest Well
Keystone XL Is Far From Certain

Keystone XL Is Far From Certain

Today’s vote in favor of…

Nigerian Oil Pipeline Hit By Fresh Violence In Niger Delta

Niger delta pipeline bombing

An oil workers’ representative said on Monday that there was another attack on an oil pipeline in the Niger Delta, which a fairly new militant group had claimed on Saturday.

The Niger Delta Greenland Justice Mandate group claimed that it had attacked the Efurun-Otor pipeline in the in the Urhobo region, operated by the Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC).

“Although the pipeline was not in use at the time of attack, NPDC periodically makes use of it and it is a major carrier of their product from (oil mining lease) OML 34 to OML 65,” Lucky Sorue, head of oil and gas workers in the Urhobo region, said on Monday, as quoted by Reuters.

The Niger Delta Greenland Justice Mandate became notorious in August when it started blowing up pipelines earlier that same month. The Greenland group has been targeting NPDC installations because these are the only installations in the area where the Greenland group operates. That group, which is not affiliated in any way to the most notorious militants, the Niger Delta Avengers (NDA), had not taken part in the ceasefire that the NDA had vowed to keep.

Last week, however, just as Nigeria said that its oil production had increased to 1.9 million barrels per day, from the 1.3 million bpd it produced in the spring of 2016, the NDA targeted Chevron’s offshore export pipeline at Escravos. The sharp drop in Nigeria’s daily crude oil output had been courtesy of (mostly) the NDA militants targeting oil infrastructure in the Niger Delta. Before the militant attacks started a couple of years ago, OPEC member Nigeria was pumping 2.2 million bpd.

Due to the violence that has crippled Nigeria’s oil production, OPEC has generally agreed that the country, alongside Libya and Iran, would be given a pass when the cartel discusses production cuts to fit its total production within the tentative 32.5 million bpd-33 million bpd limit it is currently trying to negotiate.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News