Commodities
3 hours, 20 minutes ago
Big Oil Begins Return to Canada amid Energy Crunch
For about ten years, Big Oil moved away from Canada’s oil sands and into cheaper, more easily developed—and less regulated—locations. …
Impact on IMO:
The acquisition is likely to have a positive impact on Shell's stock …
Big Oil's return to Canada's oil sands, led by Shell's $16.4-billion acquisition of ARC Resources, …
High (80%)
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