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Mar 09, 2017

Shell’s retreat from Alberta signals divergent views on future of oil sands

Pressured by high debt, the Anglo-Dutch oil-and-gas giant is signalling its retreat from Northern Alberta, a move that points to a split between European energy firms and their Canadian and U.S. rivals on the viability of oil sands development http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/shells-retreat-from-alberta-signals-divergent-views-on-future-of-oil-sands/article34259342/