Nigerian military forces OPEC may have given Nigeria a pass on the output cuts expected to be divvied out officially at the close of November, but it’s D-Day for the militancy that has so far decimated the country’s oil production by half and taken some 2.2 million barrels of oil per day out of play. There has been a slight reprieve in Nigeria since the main militant group there—the Niger Delta Avengers (NDA)—agreed to a ceasefire, leaving the playing field to smaller, unrelated groups who have continued to pick only at state-run pipelines to keep the militancy alive. Right now, all eyes are on Shell’s Forcados export pipeline, which is due to resume exports after attacks forced it to shut down in February. And by all eyes, we mean all—including militant. The focus on Forcados is precisely because companies are once again—and rather suddenly—purchasing Forcados crude, with a line-up […]