Big oil profits mean big M&A

Posted on May 6, 2008 by John Donovan.
Categories: Oil Sands.

Royal Dutch Shell bought the 22% minority interest in Shell Canada in 2007 for US$8.7-billion and was the largest buyer of oilsands leases over the past three years.

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Time to draw a line in the oil sands

Posted on by John Donovan.
Categories: Oil Sands.

Ontario is on the cusp of helping oil-sands emissions explode. Shell Canada wants permits to be granted by the end of this year for a new refinery in Sarnia to process oil from its oil-sands mines in Alberta for use in gas tanks across the GTA. The company will be submitting its environmental assessment in June, but the governments of Canada and Ontario are already being pressed to make crucial decisions about the refinery.

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