Petroleum industry in Nigeria to transport the crude oil. Also because of the lack of highly productive fields, money from the jointly operated (with the federal government) companies is constantly directed towards petroleum exploration and production. Nigeria's petroleum is classified mostly as "light" and "sweet", as the oil is largely free of sulphur. Nigeria is the largest producer of sweet oil in OPEC. This sweet oil is similar in composition to petroleum extracted from the North Sea. This crude oil is known as "Bonny light". Names of other Nigerian crudes, all of which are named according to export terminal, are Qua Ibo, Escravos blend,
Little Lake Bonny Lake Bonny on its southeastern corner, except in periods of drought. Little Lake Bonny Little Lake Bonny, (sometimes spelled Little Lake Bonnie) is a lake in Polk County, Florida, in the United States. It has a surface area of . The lake is a part of the Peace River - Saddle Creek Watershed. The lake lies at the Southeast corner of the much larger Lake Bonny. Some believe these lakes derive their name from the bony fish caught in the lake, while others say the lake's name honors a local pioneer with the name Boney. The lake borders Southeastern University