Advertisement
UK markets close in 8 hours 7 minutes
  • FTSE 100

    8,076.11
    +31.30 (+0.39%)
     
  • FTSE 250

    19,806.88
    +7.16 (+0.04%)
     
  • AIM

    755.69
    +0.82 (+0.11%)
     
  • GBP/EUR

    1.1631
    +0.0003 (+0.03%)
     
  • GBP/USD

    1.2438
    -0.0015 (-0.12%)
     
  • Bitcoin GBP

    53,770.35
    +401.37 (+0.75%)
     
  • CMC Crypto 200

    1,417.28
    -6.82 (-0.48%)
     
  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • CRUDE OIL

    83.42
    +0.06 (+0.07%)
     
  • GOLD FUTURES

    2,337.10
    -5.00 (-0.21%)
     
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • HANG SENG

    17,194.12
    +365.19 (+2.17%)
     
  • DAX

    18,179.22
    +41.57 (+0.23%)
     
  • CAC 40

    8,101.00
    -4.78 (-0.06%)
     

President of Shell Canada to step down after 6 years - company

CALGARY, Alberta, Nov 16 (Reuters) - The president of Shell (LSE: RDSB.L - news) Canada, a wholly owned subsidiary of Royal Dutch Shell (Xetra: R6C1.DE - news) , is stepping down at the end of this year, the company said on Monday, less than month after Shell canceled a major oil sands project in northern Alberta.

Lorraine Mitchelmore, who spent six years as Shell Canada's president, will be replaced by Michael Crothers, currently vice president of Unconventionals North America beginning Jan. 1, 2016.

Last month, Shell pulled the plug on its 80,000-barrel-per-day Carmon Creek project, citing current uncertainties and lack of infrastructure to move Canadian crude to market. (Reporting by Nia Williams; Editing by Jonathan Oatis)