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Shell to shut key Nigeria pipeline to repair oil theft damage

Shell plans to temporarily shut a key oil pipeline in southern Nigeria later this month to repair damage caused by oil thieves, leading to a cut of around 150,000 barrels per day, the company said Tuesday. The Nembe Creek Trunkline in Nigeria, Africa’s biggest oil producer with output at around…

TransCanada makes new push for Keystone XL oil pipeline

OTTAWA — TransCanada Corp announced Monday it would go ahead with construction of part of its Keystone XL oil pipeline that does not require US presidential approval, a stretch from the state of Oklahoma to the US Gulf Coast. The company also said it will resubmit its proposal for the…