Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on the ocean floor and transferring it to a tanker ship. Such transfers are ...
Port Harcourt, NIGERIA — On a sweltering afternoon in October, a group of farmers arrived by boat to Bodo, a fishing and farming community in Nigeria's oil-producing region of the Niger Delta. The ...
Shell Plc said its oil trading performance worsened in the fourth quarter as crude prices slumped, adding to signs that Big Oil is heading into a tougher earnings season.