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Royal Dutch Shell (RDS.A) shuts its Imo River oil pipeline in Nigeria due to damage caused by...
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Monday, November 12, 2012, 9:05 AM ETRoyal Dutch Shell (RDS.A) shuts its Imo River oil pipeline in Nigeria due to damage caused by thieves and defers 25K boe/day of production, the latest in a growing list of production problems for Africa's biggest oil exporter. Exxon (XOM) said over the weekend it had shut a pipeline off the coast of Nigeria's Akwa Ibom state after an oil leak but didn't specify the cause of the spill.
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