Niger Delta Militants The resurgence of Niger Delta militancy has reached the level of an all-out renewal of conflict that Nigeria’s security forces appear incapable of stopping, and force majeure on oil deliveries is being declared almost across the board. Attacks are now coming on a weekly basis, and each time, they succeed in taking more oil offline, forcing the government to admit that half of the country’s oil production is now effectively halted. As of Monday, oil and condensate production in Nigeria is down to 1.1 million barrels per day , according to Nigerian petroleum officials, with 50 percent of output offline. Over one million barrels per day of production has been lost. Four major crude export grades—Qua Iboe, Bonny Light, Brass River and Forcados—are now under force majeure. Exxon’s is Qua Iboe, and this is said to be a mechanical failure, but the rest are confirmed as […]