Seven stories in the news today, March 9
Seven stories in the news for Thursday, March 9:
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SHELL OFFLOADS CANADIAN OILSANDS INTERESTS
Royal Dutch Shell says it has signed two agreements to sell its undeveloped oilsands interests in Canada for a net consideration of US$7.25 billion. Under the first agreement, Shell will reduce its 60 per cent interest in the Athabasca Oil Sands Project to 10 per cent and sell a number of undeveloped oilsands leases to a subsidiary of Canadian Natural Resources Ltd. Under the second deal, Shell and Canadian Natural will jointly acquire and own Marathon Oil Canada Corp.