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Shell News Update Wednesday 7 June 2017

Shell Must Face ‘Take-Home’ Asbestos Suit, Calif. Court Says: LAW360: 6 June 2017

A California appeals court has reversed itself and revived a lawsuit against Shell Oil Co. filed by a former employee’s wife who alleges she contracted mesothelioma from exposure to asbestos that accumulated on her husband’s work clothing.

Norwegian Union Threatens Strike at Statoil, Shell, Eni Platforms: The New York Times: 6 June 2017

Lederne, the smallest of the three Norwegian unions representing oil industry workers, said the strike would target platforms at Eni’s Goliat, Shell’s Draugen and Statoil’s Kvitebjoern, Oseberg East and Gudrun fields. “We believe it would mean shutting down production on those platforms,” a spokesman for the union said.

Shell says Geismar olefins expansion project still on schedule: Seeking Alpha: 6 June 2017

Royal Dutch Shell (RDS.A, RDS.B) says it remains on schedule in the construction of its $717M project to increase alpha olefins production at its Geismar, La., chemical manufacturing plant, which will become the world’s largest AO production site.

After oilsands divestments, Shell Canada refocuses on gas, chemicals and renewables: Financial Post: 6 June 2017

ALGARY – Shell Canada Ltd. will soon announce a project to turn vegetable products into diesel fuel in Alberta, as part of the company’s transition to produce less oil and more energy from natural gas, renewables and chemicals. This follows Shell’s massive US$7.25-billion divestment of its oilsands assets…

Shell Canada budget drops by half a billion dollars after oilsands sale: CTV: 6 June 2017

The president of Shell Canada says his capital budget will shrink by about half a billion dollars this year following the sale of most of its oilsands assets in a deal that closed last week. Michael Crothers says it will be about $1.5 billion this year, down from over $2 billion in 2016, but the Canadian branch remains an important part of Royal Dutch Shell’s global operations.

Shell says it will proceed with B.C. energy plans despite political uncertainty: Windsor Star: 6 June 2017

CALGARY — Royal Dutch Shell will forge ahead with its energy development plans in British Columbia regardless of the uncertainty swirling around the province’s political future, says the company’s Canadian country chair.

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