By Edward Klump – Jul 11, 2012 8:52 PM GMT+0100
Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, received conditional approval from Alberta’s energy regulator for a carbon capture and storage project planned north of Edmonton.
A panel concluded it’s in the public interest for Shell’s Quest project to move ahead, Alberta’s Energy Resources Conservation Board said in a statement posted on its website and dated yesterday. The site is suited to long-term carbon-dioxide storage, and the proposal mitigates potential risks, the board said.