ExxonMobil has declared force majeure on oil lifting from several ports in Nigeria further weakening the country’s declining export potential. This follows industrial action by the company’s in-house workers Union, the company said in a statement on Monday. Platforms Africa reports that this will lead to another set back to the country which is a member of the Organisation of Petroleum Exporting Countries (OPEC), and had lost its status as Africa’s top oil producer last year when businesses such as Shell Plc and TotalEnergies began to reduce their investment due…
Read MoreWorkers Ground ExxonMobil’s Nigeria Operations, Firm Declares Force Majeure
