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Chevron's Nigeria facilities shut down by another terror attack

May 26, 2016 10:35 AM ETChevron Corporation (CVX) StockCVXBy: Carl Surran, SA News Editor8 Comments
  • Chevron's (CVX -0.5%) onshore activities in Nigeria's Niger Delta have been shut down by a terrorist attack at its Escravos terminal, Reuters reports.
  • A group called the Niger Delta Avengers, which has told oil companies to leave the delta, says it blew up the facility's main electricity feed.
  • Production from Escravos already is down by more than 40K bbl/day an attack on a CVX offshore facility earlier this month.

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