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Shell sells Canadian oil sands, ties bonuses to emissions cuts - Reuters
Reuters | Shell sells Canadian oil sands, ties bonuses to emissions cuts Reuters Analysts welcomed the deal, under which Shell has agreed to sell its existing and undeveloped Canadian oil sands interests to Canadian Natural Resources and to cut its share in the Athabasca Oil Sands Project (AOSP) to 10 percent from 60 percent. Shell Becomes Gas Company With $7.25 Billion Oil-Sands Sale Shell sells Canadian oil sands assets for $7.25bn Shell CEO's plan for a smaller carbon footprint |
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