LSE:SHELOil and Gas
Shell Sharpens Focus On Global Gas As Offshore Wind Role Shrinks
Shell has signed new agreements with the Venezuelan government covering gas development and exports to Trinidad.
The company is involved in the Loran offshore gas project as part of its renewed presence in Venezuela.
Shell plans to sell offshore wind assets valued at over US$1b, reducing its exposure to that part of renewables.
LSE:SHEL is trading around £32.205, with the stock up 16.7% year to date and 27.1% over the past year. Over a 5 year period, the share price gain of 176.7% stands...