Advertisement
UK markets closed

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • CRUDE OIL

    83.79
    +0.98 (+1.18%)
     

  • GOLD FUTURES

    2,344.60
    +6.20 (+0.27%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • Bitcoin GBP

    51,828.04
    +578.71 (+1.13%)
     

  • CMC Crypto 200

    1,397.32
    +14.74 (+1.07%)
     

  • NASDAQ Composite

    15,611.76
    -100.99 (-0.64%)
     

  • UK FTSE All Share

    4,387.94
    +13.88 (+0.32%)
     
Stocks:

Trending tickers

Microsoft, Alphabet, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

Majors exiting Canada's oil sands acting in own interest - Trudeau

Reuters - UK Focus

HOUSTON, March 10 (Reuters) - Canadian Prime Minister Justin Trudeau on Friday dismissed a recent string of major oil companies selling their holdings in the heavy oil sands of Western Canada.

"Businesses will make the decisions they make," he said.

Royal Dutch Shell Plc (LSE: 0LN9.L - news) and Marathon Oil Corp this week announced sales of operations that largely removed the two firms from the carbon-heavy reserves.

In a media briefing, Trudeau also said oil and gas executives are looking for greater clarity on regulations and pricing, arguing the world is ready for a low-carbon economy.

(Reporting by Liz Hampton; Writing by Gary McWilliams)