Shell stops construction in Canadian tar sands

By Kyle Feldscher, Kyle Feldscher

Published December 20, 2015

!--StartFragment-->

Royal Dutch Shell will halt construction on a site that could have produced 80,000 barrels of oil per day in the Canadian tar sands, and the delay in approving the Keystone XL pipeline could be a factor.

Shell said Tuesday it would stop construction on the Carmon Creek project in Alberta. The project became too expensive as oil prices have plummeted, according to the company.