Showing posts with label Nigeria; Oil Output Slump; Exxon Mobil Corp Shutdown. Show all posts
Showing posts with label Nigeria; Oil Output Slump; Exxon Mobil Corp Shutdown. Show all posts

Friday, May 13, 2016

Nigeria Faces Oil Output Slump As Exxon Shuts Flows

U.S. oil major Exxon Mobil Corp said on Friday it has suspended exports from Nigeria's top crude stream, adding to economic strains from unrest and violence that have cut production to its lowest in decades.