Canada has set a target for net zero by 2050
Shell Canada makes its licence-to-operate case
The subsidiary is in lockstep with its parent in the IOC-to-IEC pivot
Shell Canada, much like its London-based owner—which again topped consultancy BNEF’s second annual Oil & Gas Transition Scores ratings in April—is viewed as one of the world’s most proactive producers in preparing for the global energy transition. The wholly owned subsidiary has been in the vanguard of its parent’s oil-to-gas switch in priorities, having sold its oil sands assets to independent Canadian Natural Resources Ltd in 2017 and its Duvernay shale oil assets to Calgary-based Crescent Point Energy last year. On the gas side, Shell Canada has been ramping up shale production at Groundbirch in the Montney play in northeast British Columbia (BC)—ultimately to provide feedstock for it
Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
