European supermajor Shell is marking 110 years in Brazil by reaffirming its commitment to the development of the country’s oil and gas sector, despite the unpleasant surprise of a recent export tax.
OSLO (Reuters) - Royal Dutch Shell has agreed to sell its Danish upstream business to Norwegian Energy (Noreco) in a deal valuing the assets at $1.9 billion, as part of its wider divestment strategy, ...
Shell will remain as the project operator and keep a 50% ownership stake following the transaction.
Authorities in Kazakhstan have asked Eni and Shell to hand control of a gas processing project at the Karachaganak oilfield to a state run company after growing frustrated with progress on its ...