Shell Canada Ltd. is exiting the oilsands in a deal with Canadian Natural Resources Ltd. that will see it increase its stake in the Scotford upgrader and Quest Carbon Capture and Storage facility.

Shell is swapping its remaining 10 per cent stake in the Albian mines in exchange for a 10 per cent interest in the Scotford upgrader and Quest CCS facility. (David Bell/CBC) Shell Canada Ltd.

that will see it increase its stake in the Scotford upgrader and Quest Carbon Capture and Storage facility. The swap stems from a provision in a 2017 deal involving the Athabasca Oil Sands Project.

in an agreement that will see it increase its stake in the Scotford upgrader and Quest Carbon Capture and Storage facility. CALGARY — Shell Canada Ltd. is exiting the oilsands in a deal with ...