W. Africa Crude-Bonny Light under force majeure

 LONDON, Jan 22 (Reuters) - Sonangol began offering March
cargoes on Monday while constrained Bonny Light exports could
help boost demand for lingering February loading Nigerian
cargoes. * Around 10-15 Nigerian are still being offered for export
in February, two traders said, though others may eventually be
absorbed by oil majors' own refining systems. * Royal Dutch Shell's Nigerian subsidiary SPDC
declared force majeure on Bonny Light crude oil exports
effective from Jan. 20, a spokesman said on Wednesday, after one
of the two pipelines transporting the grade was shut. * Bonny Light is still flowing to the export terminal
through the Trans Niger pipeline. * Angola's state firm Sonangol was offering two cargoes of
March loading Dalia at dated Brent plus $2.80 a barrel, a cargo
of Girassol at dated Brent plus $3.90 and a cargo of Olombendo
at dated Brent plus $3.70. * India's IOC issued a small buy tender with results
expected on Thursday. RELATED NEWS * Change is afoot at BP. Incoming Chief Executive Bernard
Looney plans to expand the company's climate targets and is
considering overhauling the structure of the oil and gas major
in one of the biggest shake-ups in its 111-year history. * More stringent climate targets could lead to London-based
BP selling its most carbon-intensive businesses such as
oil and gas fields in Angola and Canada, sources added. (Reporting By Julia Payne; Editing by Elaine Hardcastle) ))

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