Tag: Canadian Oilsands

Shell buying BG Group, major player in Canadian oilsands, LNG

Shell shells out $69.7 billion in cash and stock in purchase Royal Dutch Shell has agreed to buy British gas producer BG Group for the equivalent of US$69.7 billion in cash and stock, a move that could strengthen Shell’s position in the global energy sector. Shell said the takeover will add 25 per cent to […]