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Shell Nigeria shuts oil terminal as attacks cut production

Shell, Nigeria

WARRI, Nigeria (AP) — Shell is temporarily closing the terminal exporting Nigeria’s benchmark Bonny Light crude oil as militant attacks have cut production in Africa’s biggest petroleum producer. Shell refused to confirm labor union reports that the company is also evacuating workers from Bonga oilfield following a threat. A bomb attack last week closed a major Chevron facility. Shell’s Forcados ...

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Stocks open lower; travel companies sink following attacks

Stocks open lower; travel companies sink following attacks

U.S. stocks are opening broadly lower, led by declines in travel-related companies following the attacks in Belgium. Airlines, cruise companies and travel booking sites were among the biggest decliners early Tuesday. Delta Air Lines and Carnival each lost 3 percent. Energy and materials companies were also lower. The price of crude oil slipped. The Dow Jones industrial average fell 47 ...

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Attacks on oil installations is costing Nigeria $2.4M a day

LAGOS, Nigeria — Multiple attacks on strategic oil and gas installations is costing Nigeria $2.4 million daily, a Cabinet minister said Tuesday as the military launched a manhunt for a militant and warned it will hold community leaders responsible for the “economic sabotage.” The attacks began Friday in the southern Niger Delta after a court issued an arrest warrant for ...

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After attacks, a spike in gun-permit requests

gun

By lunchtime Wednesday, in the middle of what has been a hectic week at the Chester County Sheriff’s Office, 20 people already had shown up to seek gun permits. That followed 39 applicants for permits or renewals on Tuesday, and 46 on Monday — at least double the daily average from last month. According to Sheriff Carolyn Bunny Welsh, the ...

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Keystone XL pipeline vulnerable to attacks, NextGen study says

Timothy Gardner | Reuters Washington – The Keystone XL oil pipeline project would be vulnerable to attacks that could cause heavy crude to be spilled in farm regions dependent on fresh water, according to a report by NextGen Climate, a political group led by billionaire activist Tom Steyer. Attackers could damage remote pump stations along the pipeline’s route in the northern ...

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