Petroleum industry in Nigeria Brass River, Forcados, and Pennington Anfan. As recently as 2010, Nigeria provided about 10% of overall U.S. oil imports and ranked as the fifth-largest source for oil imports in the U.S. However, Nigeria ceased exports to the US in July 2014 because of the impact of shale production in America; India is now the largest consumer of Nigerian oil. There are six petroleum exportation terminals in the country. Shell owns two, while Mobil, Chevron, Texaco, and Agip own one each. Shell also owns the Forcados Terminal, which is capable of storing of crude oil in conjunction with the nearby Bonny
Kingdom of Bonny Kingdom of Bonny The Kingdom of Bonny is a traditional state based on the town of Bonny in Rivers State, Nigeria. In the pre-colonial period, it was an important slave trading port, later trading palm oil products. During the 19th century the British became increasingly involved in the internal affairs of the kingdom, in 1886 assuming control under a protectorate treaty. Today the King of Bonny has a largely ceremonial role. The Ibani kingdom was a state in the South Atlantic Coast, around the 11th century. The modern name "Bonny" is a distortion of the original name. According to tradition