Exxon ramped up output of Nigeria’s Qua Iboe crude after pipeline damage

Exxon ramped up output of Nigeria’s Qua Iboe crude after pipeline damage

Exxon Mobil has ramped up production of Nigeria’s Qua Iboe crude oil just over a week after pipeline damage forced it to slow output, traders said on Wednesday. The company cut production, and declared force majeure on exports, after a drilling rig, experiencing mechanical difficulties, damaged the pipeline it jointly owns with the state-owned Nigerian…

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