THE WALL STREET JOURNAL: ChevronTexaco:Can't Deliver 20,000 B/D Nigeria Bonny Oil: “Shell declared force majeure effective at midnight local time Thursday (1100 GMT Wednesday) on 114,000 b/d of its Nigerian Bonny Light crude because of production disruptions following villagers' protests at some of its oil platforms in the Niger Delta.” (ShellNews.net) Posted 23 Dec 04

DOW JONES NEWSWIRES

LONDON -- ChevronTexaco Corp. (CVX) Wednesday said it wouldn't be able to deliver 20,000 barrels a day of crude oil out of Nigeria's Bonny Island oil terminal.

A company spokesman in Nigeria said the company will tell traders it can't meet "commitments for the lifting."

The crude passes out of Royal Dutch/Shell Group's (RD, SC) facilities at Bonny Island.

Shell declared force majeure effective at midnight local time Thursday (1100 GMT Wednesday) on 114,000 b/d of its Nigerian Bonny Light crude because of production disruptions following villagers' protests at some of its oil platforms in the Niger Delta.

-By Shai Oster, Dow Jones Newswires; +44-20-7842-9357; shai.oster@dowjones.com