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
Brass River of Fernando Po, concluded a treaty with the kings of the territories adjacent to the Brass River. They agreed to stop the slave trade, and agreed on pilots' fees, duties and other terms of trade. Hutchinson reported of a visit to Brass on 9 July 1857, In 1847 the new partnership of Stuart and Douglas bought a 282-ton barque, the "Adriana", and sent it to the Brass River. Their agent was told to offer the local chiefs a share of the profits from palm oil trading on condition they stopped trading in slaves. This was the start of a lucrative