Bullboard - Stock Discussion Forum Nuvista Energy Ltd NUVSF

Primary Symbol: T.NVA

Energy Oil & Gas E&P

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the... see more

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Nuvista Energy Ltd > Shell Nigeria Investigates Possible Trans Niger Oil Pipeline

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Post by Carjack on Aug 21, 2023 9:35pm

Shell Nigeria Investigates Possible Trans Niger Oil Pipeline

(Reuters) — Shell Plc's local unit is investigating a possible leak on its Trans Niger oil pipeline that traverses Bodo community in Nigeria's River state following an Aug. 18 report, a spokesperson said on Monday.

The 180,000-barrel-per-day pipeline is one of two conduits that export Bonny Light crude.

"We are working with the community and other stakeholders to ensure we can safely look into and resolve this situation," spokesperson Bola ‘Salt’ Essien-Nelson told Reuters following an enquiry.

Oil theft and pipeline sabotage are common in the southern oil production heartland of Nigeria, Africa's top crude producer.

The oil major blames most spills on pipeline vandalism and illegal tapping of crude.