Shell sells stake in Canadian Natural Resources for $3.3 billion

Having trouble viewing this email?  View online Oil Sands News Digest Wednesday 9 May 2018 Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc Shell sells stake in Canadian Natural Resources for $3.3 billion Once the deal closes, Shell's only involvement in Canada's oil sands will be through its 10% stake in the Athabasca Oil Sands Project, majority owned by CNR and Chevron. read » Fort Hills oilsands ramp up surges over 100,000 bbls/d The most recent data available from the Alberta Energy Regulator — for December 2017 — shows Fort Hills at 11,525 bbls/d. read » Qatar steps in to buy Rosneft stake after China deal collapses Qatar Investment Authority stepped in after the sellers — a consortium of QIA itself and mining giant Glencore Plc — told CEFC it wouldn't proceed with the original deal announced in October. read » Qatar Petroleum says will list 49 pct of its shares in aluminium plant The state energy giant will list 49 percent of its shares in the country's aluminium smelter plant Qatalum in a public offering. read » Oil hedge fund manager Andurand says $300 'not impossible' Pierre Andurand said the current reluctance of energy companies to invest in new production meant $300 a barrel was "not impossible" within a few years. read » Oil sands get taste of slower growth ahead as logjams hit output While Cenovus and Husky both billed their output slowdowns as temporary, the first-quarter hiccups foreshadow shrinking gains in oil-sands production. read » Cenovus says railways are ready to ease oil transportation bottlenecks Oil and gas producer Cenovus Energy Inc expects Canada's railways to be able to carry more oil in the second half of this year. read » Which has the bigger economy: Texas or Russia? Even though Russia has nearly five times as many residents as Texas, the Lone Star State's economy is more than $40 billion larger. read » IMF resumes lending to Chad following Glencore debt deal The Central African oil producer reached an agreement in principle to restructure its more than $1 billion debt to Glencore and four banks. read » Major banks earned more in metals than oil last year The world's 50 biggest investment banks made revenue of $1.6 billion from trading, selling derivatives and other activities in metals last year. read » Glencore is losing billionaire allies to Trump's sanctions In just four months, Glencore Plc chief Ivan Glasenberg has lost two of his closest business allies, billionaires Oleg Deripaska and Dan Gertler. read » Mining billionaire backs outback gas pipeline to ease power woes The project, being considered by the federal government, may cost as much as A$5 billion ($3.9 billion), according to one industry estimate. read » Coal dead? Peak oil demand? Five takes on fossil fuels' future Mining mogul Bob Murray offered a passionate defense of coal, asserting that we'd all "die in the dark" without it. read » Read more Oil Sands news on MINING.com » Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Oil Sands News Digest". You mayunsubscribe at any time. The information contained in “Oil Sands News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Oil Sands News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.