Monday, July 11, 2011

Canada Dishes Out $876 Million for Shell's Oil Sands Carbon Capture Project

Canada Dishes Out $876 Million for Shell's Oil Sands Carbon Capture Project

Royal Dutch Shell (NYSE: RDS.A) will receive C$876 million from both the Canadian federal government and also the Alberta provincial government for its Quest carbon capture and storage project at the company's Scotford Upgrader plant in the Alberta oil sands.

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