Canada’s oil and gas sector is starting to recover, but not all parts are being revived equally. Canadian Natural Resources Ltd.'s $12.7 billion acquisition of a 17% stake in Shell and Marathon Oil's oil sands assets was the latest instance of foreign oil companies scaling back their costly oil sands portfolios, following Statoil's sale to Athabasca Oil Corp. earlier this year. Shell sold its entire 60% WI in the Athabasca Oil Sands Project project,......
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