Shell sells giant US oilfield for $12.8 billion in move to cleaner energy

2021-09-20

September 21, 2021 8:29 AM

HOUSTON (NYTIMES) – Royal Dutch Shell on Monday sold its oil and gas production in the Permian Basin, the biggest American oil field, to ConocoPhillips for US$9.5 billion (S$12.8 billion) in cash.

Source : http://www.straitstimes.com/business/economy/shell-sells-giant-us-oilfield-for-128-billion-in-move-to-cleaner-energy

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