Would you be our next partner?
Jul 05, 2022· The Canadian oil sands (often called tar sands) are Shell's largest unconventional oil reserve. As of 31 December 2010, Canadian oil sands amounted to 26% of Shell's proven oil reserves. Oil reserves refer to the oil production Shell has secured to exploit in the future. The oil sands are found in the Canadian province of Alberta.
Read More
Shell committed to tar sands despite $42m losses. Shell vows to press on with projects amid cost cuts and falling profits * Terry Macalister * guardian.co.uk, Wednesday 29 April 2009 . …
Read More
Mar 10, 2017· Reuters. Royal Dutch Shell has agreed to sell most of its carbon-heavy Canadian oil sands assets for $8.5bn (£7bn) as the chief executive warned that the industry risked losing public support ...
Read More
Oct 29, 2015· Royal Dutch Shell reported weak third quarter earnings Thursday morning, hobbled by a triple whammy of low oil prices and losses related to suspended projects in the …
Read More
Mar 15, 2017· With the sale, Shell is poised to all but exit Canada, leaving behind just a 10 percent interest in Athabasca, an oil-sands joint venture with Canadian Natural. Shell this year also ended a long-held partnership with Saudi Arabian Oil Co. and sold a collection of oil fields in Britain's North Sea. "In days gone by they might have held onto ...
Read More
Sep 03, 2019· The Beijing-based company paid $1.9-billion in 2009 for 60-per-cent interests in the proposed MacKay River and Dover oil sands projects being developed by Athabasca Oil Sands Corp. (now just ...
Read More
May 31, 2009· Shell 1Q Profit Down 62 Percent to $3.49 Billion ... over decades, not just a period when crude prices had slumped to $50 a barrel, down from $150 a barrel last year. The losses in a tar sands business, which is opposed by environmentalists because of the high carbon content of the schemes, helped drag down the group's overall first-quarter ...
Read More
The Canadian tar sands, which are being targeted by Shell, BP and several other oil majors, are being strip mined so that the recovered bitumen can be turned into oil. However, the projects …
Read More
Jan 18, 2010· Shell dismiss rebellion. But Shell played down the significance of the shareholder rebellion over tar sands and pointed out this unconventional source represented less than 2.5% of total oil and gas production. 'The resolution is basically a request for further information around the economics and other aspects of our oil sands operations.
Read More
Jan 18, 2010· But Shell played down the significance of the shareholder rebellion over tar sands and pointed out this unconventional source represented less than 2.5% of total oil and gas production.
Read More
Jan 29, 2021· The Keystone XL resistance was part of the ongoing opposition to the Canadian tar sands, one of the most carbon-intensive industrial projects on the planet. ... And there were losses — other major oil pipelines, including the …
Read More
Oct 28, 2015· Royal Dutch Shell will halt construction on a site that could have produced 80,000 barrels of oil per day in the Canadian tar sands, and the delay in approving the Keystone XL pipeline could be a ...
Read More
Shell took a $2bn writedown after abandoning another Canadian oil sands project in 2015 and Statoil booked a loss of at least $500m last December after withdrawing from similar assets.
Read More
Jan 13, 2022· Canada's petroleum industry accounts for roughly 5% of the nation's economic output. For all but two of the years since 2008, oil has been Canada's top trade export. An …
Read More
Oct 29, 2015· Royal Dutch Shell reported weak third quarter earnings Thursday morning, hobbled by a triple whammy of low oil prices and losses related to suspended projects in the Arctic and Canadian tar sands.
Read More
Apr 08, 2009· Tar sands emissions are at least three times those of conventional oil and likely to ... The Alberta and Canadian governments have been told it won't work but that has not stopped them from plowing $500,000 a year into Washington-based lobbying. Now comes word that Shell is abandoning a legal commitment that was a condition of their ...
Read More
But Shell played down the significance of the shareholder rebellion over tar sands and pointed out this unconventional source represented less than 2.5% of total oil and gas production.
Read More
Apr 29, 2009· What term do you want to search? Search with google. Make a contribution Subscribe US edition
Read More
Oct 29, 2015· "This is forcing tough choices at Shell." Shell's decision comes as oil companies worldwide and the Canadian tar sands in particular are struggling to remain open amid low oil prices. When the company proposed the project …
Read More
Jan 29, 2021· The Keystone XL resistance was part of the ongoing opposition to the Canadian tar sands, one of the most carbon-intensive industrial projects on the planet. ... And there were losses — other major oil pipelines, including the southern leg of Keystone XL itself, were completed even as the fight over the more famous northern half dragged on ...
Read More
Apr 29, 2009· Yesterday BP announced a drop of 62 per cent and today Shell announced a similar reduction of reduced profits of 58 per cent, the first time it has posted a quarterly loss in 10 years. ... its carbon intensive tar sands operations – made a loss in the first quarter of 2009, compared to a profit of $249 million in the same quarter last year.
Read More
Jan 13, 2022· Canada's petroleum industry accounts for roughly 5% of the nation's economic output. For all but two of the years since 2008, oil has been Canada's top trade export. An 88,000-square-mile area in northeast Alberta, the oil sands boomed between 2000 and 2014. Global companies, lured to the region by high oil prices and plentiful supply ...
Read More
May 18, 2012· Both tar sands and Nigerian oil have lifecycle carbon emissions substantially higher than other fossil fuels.4 In 2012 Shell is planning to invest further billions in Nigeria, and the Canadian tar sands.5 Furthermore, in summer 2012, Shell is planning to start deepwater drilling in the fragile Arctic, off the coast of Alaska, yet the company ...
Read More
riskiest fuels. Both tar sands and Nigerian oil have lifecycle carbon emissions substantially higher than other fossil fuels.4 In 2012 Shell is planning to invest further billions in Nigeria, and the Canadian tar sands.5 Furthermore, in summer 2012, …
Read More
Aug 27, 2010· The tar sands-produced tailings ponds – contaminated with toxic chemicals such as naphthenic acid and polycyclic aromatic hydrocarbons – occupy some 170 square …
Read More
Oct 26, 2012· The town is directly downstream from the Alberta tar sands—Canada's wildly lucrative, hotly debated, and environmentally catastrophic energy project. Residents say that tar sands mining is not only dangerous but illegal because it violates the rights laid out in Treaty 8, an agreement signed in 1899 by Queen Victoria and various First Nations.
Read More
May 31, 2017· Shell completes divestment of oil sands interests in Canada. May 31, 2017. Royal Dutch Shell plc today announces the completion of two previously announced …
Read More
Mar 10, 2017· Royal Dutch Shell announced yesterday that it will sell off almost all its holdings in the Alberta tar sands/oil sands for US$7.25 billion, becoming the third major fossil in recent …
Read More
Mar 10, 2017· Catherine Hammond/wikimedia commons. Royal Dutch Shell announced yesterday that it will sell off almost all its holdings in the Alberta tar sands/oil sands for US$7.25 billion, becoming the third major fossil in recent weeks and the fourth in three months to scale back their bitumen operations. " All of the company's oil sands interests apart from a 10% …
Read More
Shell has pledged to continue with its controversial tar sands projects but has been forced to consider far-reaching cost cuts to keep the operations going after they lost $42m (£28m) in …
Read More
