Profit dropped to $1.8 billion, down from $5.8 billion a year earlier, reflecting the plunge in oil prices
Wages are not at issue, but workers are seeking better health care benefits and limits on the use of contractors
Cuts will affect less than 10 per cent of 3,000-plus workforce at Muskeg River, Jackpine mines near Fort McMurray, Alta.
Company said it will also receive drilling rights to shale land in Ohio, Pennsylvania as part of one deal
Shell said the cost of the plant and the expected profit it could generate made the plant not a viable option.
The consortium is comprised of CNOOC and Petrobras, Shell, Total and another state-owned Chinese oil firm China National Petroleum Corp (CNPC).
The agreement will see CGI supporting TaCIT’s critical business and technical applications in three key portfolios
First Nation wanted regulatory board to rule whether band had been adequately consulted
Wants to build pipeline and export terminal in northwestern B.C.
Newly formed Center for Sustainable Shale Development to perform environmental reviews of fracking operations for willing companies