Royal Dutch oil giant, the Shell Petroleum Development Company, (SPDC) said it loses on the average some 30,000 barrels of crude oil every day. The company said oil thieves operating in the Niger Delta region are stealing its crude oil and has expressed worries over the increasing rate of oil theft in the area. Pipeline Asset Manager of the company, Mr. Jurgen Jansen, in Port Harcourt, Rivers State, said recently that some oil thieves tampered with one of the company’s major oil export pipelines, a 24 inch TNP around Okolo lounge, adding that the development resulted in a major loss of barrels of crude oil. According to Shell, a lot of illegal oil refining takes place in the Oloko lounge, a situation the company said had brought about severe pollution of the environment. Jansen added that a total of 243 illegal connections were made on its major pipelines in […]