Shell Canada has relinquished 30 oil and gas exploration permits that were the subject of a lawsuit launched by WWF-Canada. Now, after decades of struggle, nothing stands in the way of finally creating a National Marine Conservation Area in Lancaster Sound, with all the significant protection measures that includes.
Western Canada could be particularly hard hit.
Shell is using its landing strip to fly employees to safety.
HALIFAX -- Two kilometres of pipe that connects an offshore drilling rig to a wellhead deep under the ocean broke off and
Ben van Beurden told reporters last week that his company ranks investment opportunities in its global portfolio project
Excluding one-time items and fluctuations in the value of inventories, the company said profit dropped to $1.8 billion, from $5.8 billion a year earlier.
CALGARY -- Royal Dutch Shell is scrapping its Carmon Creek oilsands project in northwestern Alberta, citing a lack of pipelines
The company says it would have a capping stack on site within 12 to 13 days after previously saying it would take up to 21