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Pirates kidnap two American sailors off Nigeria

Pirates have stormed an oil supply vessel off southern Nigeria and kidnapped the ship's captain and chief engineer, both US citizens, a private security firm and US officials said Thursday. A US-flagged C-Retriever owned by American oil servicing company Edison Chouest Offshore was attacked on Wednesday off the city of Brass, said AKE, a London-headquartered private security firm. "Both the chief engineer and the captain were kidnapped," Richard Fylon of AKE said. "They are both American."

Pirates kidnap two American sailors off Nigeria

Pirates have stormed an oil supply vessel off southern Nigeria and kidnapped the ship's captain and chief engineer, both US citizens, a private security firm and US officials said Thursday. A US-flagged C-Retriever owned by American oil servicing company Edison Chouest Offshore was attacked on Wednesday off the city of Brass, said AKE, a London headquartered private security firm. "Both the chief engineer and the captain were kidnapped," Richard Fylon of AKE said. "They are both American."

Shell Nigeria declares force majeure on exports of Bonny Light crude, blames oil thefts

LAGOS, Nigeria - Shell Nigeria declared "force majeure" Friday on exports of Bonny Light Crude oil, blaming increasing oil thefts that analysts say likely will lead companies to sell off more investments in Nigeria's declining onshore oil industry. The announcement of "superior force" was effective from noon Thursday, after Shell reported three new leaks on the Trans-Niger Pipeline that it has been forced to close at least five times in three months. The declaration gives Nigeria's biggest oil producer some legal protection against contractual obligations.

Shell warns on Nigerian exports after pipeline shutdown

Shell warned on Friday it may not meet production targets for crude exports in Nigeria after it shut down a major pipeline repeatedly hit by sabotage and theft. "Force majeure has been declared on Bonny Light exports ... due to production deferment from leaks observed on the Trans Niger Pipeline (TNP)," in Nigeria's Ogoniland region, the Nigerian subsidiary of the Anglo-Dutch oil giant (SPDC) said in a statement.

Shell-Nigeria: New leaks force another closure of oil pipeline carrying 150,000 barrels a day

LAGOS, Nigeria - Shell Nigeria says new leaks have forced it to close the Trans-Niger Pipeline that carries 150,000 barrels of crude daily, 10 days after the pipeline was reopened following repairs for leaks. Spokesman Precious Okolobo said in a statement Wednesday night that a team has been dispatched to repair leaks at three places in the southern Niger Delta's Ogoniland. A joint investigation including community leaders will determine the cause and impact of the spills.

Shell defers Nigeria exports after pipeline 'sabotage'

Anglo-Dutch energy giant Shell's Nigerian subsidiary said Monday it has been forced to defer exports of 150,000 barrels of oil per day after thieves sabotaged its main pipeline. Five hundred million standard cubic feet of gas per day have also been halted, the Shell Petroleum Development Company (SPDC) said in a statement. It said the Trans Niger Pipeline (TNP) had been shut down for repairs after two separate incidences of crude oil theft in the southern Niger Delta region.

Theft-plagued Nigeria pipeline shuts again: Shell

LONDON (Reuters) - Royal Dutch Shell <RDSa.L> has closed a key oil pipeline due to oil theft less than a week after it announced it had reopened, underscoring the huge challenges faced by Africa's largest oil exporter. Leaks from crude oil theft on the Trans Niger Pipeline in Nigeria have continued, causing a further shut-in of Bonny Light grade oil, Shell said on Friday. It had announced on Monday that the 150,000 bpd pipeline re-opened, prompting speculation that a force majeure may be lifted.

Nigeria's stolen oil is sold and laundered abroad: report

By Joe Brock ABUJA (Reuters) - Stolen Nigerian oil worth billions of dollars is sold every year on international markets and much of the proceeds are laundered in world financial centers like Britain and the United States, a report said on Thursday. An estimated 100,000 barrels per day (bpd) of oil was stolen from pipelines in the Niger Delta in the first quarter of this year, the report by London-based Chatham House said, not including the unknown quantities stolen from export terminals.

Nigeria oil theft a global criminal enterprise

Oil theft in Nigeria is a huge criminal operation affecting companies and states around the world, but interest in tackling the problem is low, Chatham House said in a report Thursday. The new study from the London-based think-tank, based on interviews with some 200 government, private sector and independent sources, said "Nigerian crude oil is being stolen on an industrial scale." Estimates on the scale of the problem vary, with some Nigerian officials saying 150,000 barrels per day is stolen, costing some $6 billion a year in lost revenue.

Kidnapped Nigerian archbishop freed

Nigeria's second-highest ranking Anglican archbishop, seized more than a week ago close to the southern oil city of Port Harcourt, has been released, police said on Sunday. State police spokeswoman, Angela Agabe, confirmed to AFP that Archbishop Ignatius Kattey was set free at 20:00 (1900 GMT) on Saturday. However, there were no details of where and how Kattey regained his freedom. He was kidnapped along with his wife on the evening of September 6. The wife was later abandoned in a bush by the pair's abductors, Agabe said.
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