PROCESSWEST Magazine Online

Royal Dutch Shell selling stake in Canadian Natural Resources

Don Horne   


Royal Dutch Shell says it is selling its stake in Canadian Natural Resources for about $3.3 billion.

Shell told Canadian Press the sale of more than 97 million shares represents its entire interest in Canadian Natural.

The company said in a statement Monday night that proceeds from the sale will contribute to reducing net debt.

The sale is expected to go through tomorrow.


(Canadian Press)


Stories continue below

Print this page

Related Stories