Lunes, 13 Marzo 2017

Trudeau dismisses oil sands exits

Canadian Prime Minister also argues world is ready for a low-carbon economy.
REUTERS

UPSTREAMONLINE.COM

Canadian Prime Minister Justin Trudeau on Friday dismissed a recent string of major oil companies selling their holdings in the heavy oil sands of western Canada.
 
"Businesses will make the decisions they make," he said.
 
Shell and Marathon Oil this week announced sales of operations that largely removed the two firms from the carbon-heavy reserves.
 
In a media briefing, Trudeau also said oil and gas executives are looking for greater clarity on regulations and pricing, arguing the world is ready for a low-carbon economy.