Shell breaking ground in sands
U.S.-based arm of Dutch mega-major emerges as mystery buyer at Alberta lease sale; creates new Canadian subsidiary SURE Northern Energy to probe untapped resource
For Petroleum News
A Texas-based arm of Royal Dutch Shell has disclosed it paid a record C$468 million for almost 220,000 acres of northern Alberta oil sands leases in February, ending six weeks of speculation about the identity of the mystery buyer.
Shell Exploration and Production in the Americas said March 21 it is....
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Venture 60 miles west of Fort McMurray
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