Green Car Congress
JUNE 1, 2017
Royal Dutch Shell plc announced the completion of two previously announced agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources (Shell) that will see Shell sell all its in-situ and undeveloped oil sands interests in Canada and reduce its share in the Athabasca Oil Sands Project (AOSP) from 60% to 10%.
Green Car Congress
DECEMBER 23, 2012
Statoil has made the investment decision to develop the Mariner heavy oil field development in the UK North Sea. Pending final approval of the field development plan by the UK authorities, Statoil expects to start production from Mariner in 2017. The heavy oil project will require pioneering technology in order to be developed.
Green Car Congress
NOVEMBER 6, 2015
One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.
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