Total SA failed to buy North Sea Forties at a higher price. BP Plc booked the tanker Ice Transporter to carry the crude to Chile this month, according to Optima Shipbrokers Ltd. No bids or offers were made for Russian Urals for a seventh session in Europe.
Royal Dutch Shell Plc’s Nigerian unit is “ramping up” its Bonny Light crude production and exports after completing repairs on a pipeline ruptured by oil thieves, Precious Okolobo, spokesman for the company in Nigeria, said by phone from Lagos today.
Royal Dutch Shell Plc’s assertions that its Nigerian oil spills are caused by theft and sabotage are often untrue, according to Amnesty International, which said investigations into the incidents have been manipulated.
At Royal Dutch Shell Plc’s compound in the Nigerian city of Warri, the gate is locked, the grounds are empty and grass has overgrown since Europe’s biggest oil company closed its operations in March after more than 40 years.
Nigeria’s Movement for the Emancipation of the Niger Delta threatened to bomb mosques and assassinate Muslim clerics, a week after saying it killed 15 security personnel in the southern oil-producing Bayelsa state.