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Shell delays Carmon Creek oil-sands development in Canada

Bloomberg

 

 

By Howard Mustoe

Nov. 28 (Bloomberg) — Dutch Shell Plc (RDSA LN): Europe’s largest oil producer delayed seeking regulatory approval for its Carmon Creek oil-sands development in Canada, the second project the company has slowed as crude prices slide. Shell rose 55 pence, or 3.3 percent, to 1,733 pence.

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