Shell's Nigerian JV to shut down Nembe Creek pipeline, WSJ reports Shell's (RDS.A) Nigerian joint venture will temporarily shut down the 150,000 barrel a day Nembe Creek oil pipeline next month, reports the Wall Street Journal. The pipeline will be shut down to clear away illegal connections intended to steal crude. Reference Link
Barnes Group raises quarterly dividend by 9% to 12c per share The board of Barnes Group increased the company’s quarterly cash dividend 9% to 12c per share of common stock. The dividend will be payable December 10, to shareholders of record at the close of business on November 26. On an annualized basis, the increase raises the annual dividend from 44c per share to 48c per share.