Mon, Sep 22, 2014, 6:41 AM EDT - U.S. Markets open in 2 hrs 49 mins

Recent

% | $
Quotes you view appear here for quick access.

Royal Dutch Shell plc Message Board

  • f1vodafone f1vodafone Nov 12, 2012 9:42 AM Flag

    Royal Dutch Shell PLC shuts down Nigeria oil pipeline after spills blamed on oil thieves

     

    Royal Dutch Shell shuts down Nigeria oil pipeline
    Royal Dutch Shell PLC shuts down Nigeria oil pipeline after spills blamed on oil thieves

    Associated Press – 16 hours ago
    Email

    Print
    RELATED QUOTES
    Symbol Price Change
    RDS-A 68.10 0.10

    RDSA.L 2,143.00 6.00
    RDS-B 70.27 0.24
    RDS.BA 225.20 0.00
    LAGOS, Nigeria (AP) -- Royal Dutch Shell PLC says it has shut down a pipeline in Nigeria's oil-rich southern delta after finding leaks it blamed on oil thieves.
    In a statement Sunday, Shell said its Nigerian subsidiary shut down the Imo River trunk line which had six "theft points." It said the shutdown of the line would cut production by about 25,000 barrels of oil a day.
    Shell said sabotage has been responsible for 25 of 26 spills on the Imo River this year, which released nearly 3,000 barrels into the river and other waterways.
    Shell produced about 800,000 barrels of oil a day in Nigeria last year.
    Militancy in the region has dropped off after a government-sponsored amnesty program in 2009. However, violence, kidnappings and crude oil thefts still occur.

    This topic is deleted.
 
RDS-B
82.27-0.07(-0.09%)Sep 19 4:04 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.