Without government funding Shells carbon capture and storage project that would see nearly half of the CO2 emissions from the companys Scotford site sequestered would be difficult to justify given the state of the economy, a senior official with the company told The Record last week.
Oilsands
Difficult to fund project Shell
*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.
Big oil profits mean big M&A
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.
