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2017-03-10 18:30:00

SHELL DIVESTS CANADA $7.25 BLN

SHELL DIVESTS CANADA $7.25 BLN

SHELLRoyal Dutch Shell plc today announces the signing of two agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources ("Shell") — which are detailed in this announcement — that will see Shell sell all of its in-situ and undeveloped oil sands interests in Canada and reduce its share in the Athabasca Oil Sands Project (AOSP) from 60 percent to 10 percent. Shell will remain as operator of AOSP's Scotford upgrader and Quest carbon capture and storage (CCS) project.

Under the first agreement,…

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Tags: SHELL, CANADA
Chronicle:
SHELL DIVESTS CANADA $7.25 BLN
2019, August, 23, 10:50:00
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SHELL DIVESTS CANADA $7.25 BLN
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ROSNEFT SWITCH TO EURO
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SHELL DIVESTS CANADA $7.25 BLN
2019, August, 23, 10:40:00
ROSNEFT IN MOZAMBIQUE
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SHELL DIVESTS CANADA $7.25 BLN
2019, August, 23, 10:35:00
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SHELL DIVESTS CANADA $7.25 BLN
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THE NEW CANADA'S LNG
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SHELL DIVESTS CANADA $7.25 BLN
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SHELL DIVESTS CANADA $7.25 BLN
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OIL PRICE: ABOVE $60
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