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Shell agrees to sell out of Canadian Natural Resources
May 9, 2018
Source: World Oil

Shell agrees to sell out of Canadian Natural Resources

The oil giant Royal Dutch Shell has agreed to sell its Canadian Natural Resources (one of its dirtiest assets), oil sands producer, stake for $3.3 billion. CEO Ben van Beurden has repositioned Shell to focus on cleaner natural gas, shedding carbon-intensive assets such as oil sands.

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