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After oilsands divestments, Shell Canada refocuses on gas, chemicals and renewables

 

Geoffrey Morgan | June 6, 2017 4:27 PM ET
More from Geoffrey Morgan | @geoffreymorgan

Shell Canada President & Country Chair Michael Crothers during an interview in Calgary, Alberta: Photograph by Todd Korol for National Post

CALGARY – Shell Canada Ltd. will soon announce a project to turn vegetable products into diesel fuel in Alberta, as part of the company’s transition to produce less oil and more energy from natural gas, renewables and chemicals.

This follows Shell’s massive US$7.25-billion divestment of its oilsands assets, announced March 9. The company still plans to build an LNG terminal in British Colombia, but no timeline has been set.

In an interview, Shell Canada president Michael Crothers said the company is working with an unnamed partner on the biodiesel project. Shell would either sell the fuel directly to drivers or could blend it with diesel produced at the company’s existing refineries.

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