Reuters reveals Shell weighing blockbuster sale of Texas shale assets; market reacts

by DailyBriefers
4 comments

Business & FinanceEnvironment

Reuters exclusively reported that Anglo-Dutch company Shell is reviewing its holdings in the largest U.S. oil field for a potential sale, marking a key moment in its shift away from fossil fuels as it faces growing pressure to slash carbon emissions. The sale could be for part or all of Shell’s position in the U.S. Permian Basin, located mostly in Texas, which accounted for around 6% of the Anglo-Dutch company’s total oil and gas output last year.

Market Impact

Shell’s shares rose by up to 3% on Monday after the story was published, outperforming its peers.

Article Tags

Topics of Interest: Business & FinanceEnvironment

Type: Reuters Best

Sectors: Business & FinanceCommodities & Energy

Regions: Global

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

You may also like

4 comments

relaxing piano music October 22, 2023 - 6:37 am

relaxing piano music

Reply
หวยออนไลน์ October 31, 2023 - 2:26 am

230351 803580Thank you for sharing with us, I believe this website truly stands out : D. 440878

Reply
ufabtb November 7, 2023 - 7:10 am

696601 22348As I internet site owner I believe the articles here is genuinely amazing , thankyou for your efforts. 352725

Reply

Leave a Comment