CBC: It is the latest in a series of deals in the Canadian oilpatch in recent months, and more are expected as companies search the globe for secure, low-cost and long-term sources of oil and natural gas, especially after the disruptions caused by the U.S. war with Iran.
This investment by Shell could also signal the European firm is preparing to spend billions more in Canada by moving ahead with an expansion that would increase natural gas exports off the West Coast…