Royal Dutch Shell (RDS.A, RDS.B) plans to temporarily shut down the 150K bbl/day Nembe Creek oil...

|About: Royal Dutch Shell plc (RDS.A)|By:, SA News Editor

Royal Dutch Shell (RDS.A, RDS.B) plans to temporarily shut down the 150K bbl/day Nembe Creek oil pipeline in Nigeria next month to clear away illegal connections intended to steal crude from the line. The shutdown illustrates the deepening impact of oil theft on the Nigerian industry; the volume of oil spilled in Nigeria so far in March is the highest since November.