European Markets Edged Higher; Shell, Equinor to Create Joint UK Venture
Shell (SHEL.US) and Equinor (EQNR.US) will merge their assets in the United Kingdom North Sea to establish a new company.
Equinor ASA (EQNR.US) and Shell (SHEL.US) will merge their offshore oil & gas assets in the united kingdom to establish a new company.
Equinor Shares Rise 0.7% After Agreement to Create UK Oil and Gas JV With Shell
Norwegian Oil and Shell plan to merge their oil & gas assets in the united kingdom.
Norwegian oil company (equinor) and Shell announced on Thursday their plan to merge their offshore oil & gas assets in the united kingdom to form a new company focused on the North Sea. The two energy giants stated that they will establish a joint venture aimed at maintaining domestic oil & gas production to ensure energy supply in the united kingdom. "The new company will be more agile, focused, cost-competitive, and strategically positioned to maximize the value of its combined portfolio in the united kingdom."
Equinor: Completion of Transaction Subject to Approvals, Expected by End of 2025
Equinor: New Co Will Be Based in Aberdeen
Equinor: New Independent Producer Will Be 50/50 Jointly Owned by Equinor and Shell
Equinor UK and Shell UK to Merge
Equinor and Shell to Create the UK's Largest Independent Oil and Gas Company
OPEC+ meeting is coming! Disagreements among oil-producing countries intensify, uncertainty shrouds the oil market.
OPEC+ has postponed the meeting originally scheduled for December 1st to December 5th.
Shell to Scale Back on New Offshore Wind Investments, Plans Power Division Split
Oil Prices Dip Ahead Of OPEC+ Policy Decision
Oil Prices End Lower as Investors Look to OPEC+ Decision
Update: WTI Crude Oil Falls Despite OPEC+ Seen Delaying Supply Hike While U.S. Inventories Fell Last Week
Sector Update: Energy Stocks Fall in Wednesday Afternoon Trading
Shell Executes Strategic Share Buy-Back Program
Market Chatter: Shell Reduces Offshore Wind Investments, Restructures Power Division in Drive to Boost Profits
Street Color: Shell Energy to Be Split Into Separate Power Generation, Trading Units, Reuters Reports
Exclusive-Shell Slows Investments in Offshore Wind, Splits Power Business
Express News | Shell Spokesperson Says Will No Longer Take Lead In New Offshore Wind Developments; Remains Interested In Offshore Wind Power Offtakes, Will Consider Some Equity Positions; Shell To Split Its Renewables And Power Generation Division Into Two Separate...