Seeking Alpha

Nigeria militants threaten Chevron facility

  • Militants threaten to attack Chevron’s (CVX) Tank Farm at Escravos in Nigeria, urging workers to evacuate the facility which also serves as CVX's operational headquarters in the Niger Delta.
  • The militant group MEND says its plan to eliminate Nigerian oil production by sabotaging the pipeline network is having cumulative success.
  • Nigerian oil output currently hovers near 2M bbl/day.
Comments (1)
  • Will CVX be making a statement on this?
    4 Sep 2013, 06:43 PM Reply Like
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