Wednesday, 24 May 2017

Shell, ConocoPhillips oil sands share selloff risks flooding market

CALGARY, Alberta (Reuters) - Canadian equity markets risk being swamped with oil sands company shares this year as Royal Dutch Shell and ConocoPhillips prepare to offload C$6.8 billion (3.9 billion pounds) worth of stakes in two domestic producers, just months after acquiring them.


from Reuters: Top News http://uk.reuters.com/article/uk-shell-divestiture-canada-analysis-idUKKBN18L01E?feedType=RSS&feedName=topNews

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