LSE:SHELOil and Gas
Shell Refocuses Portfolio With Raizen Shift LNG Deal And Ventures Review
Shell is preparing a substantial capital injection into Raizen and may assume majority control by taking on more of the joint venture's debt after talks with Cosan over fresh funding did not reach an agreement.
The company has signed an LNG supply agreement with METLEN, reinforcing its focus on gas and upstream operations.
Shell is reviewing its Shell Ventures portfolio, assessing where early stage investments fit within its core energy priorities.
Shell, listed as LSE:SHEL, sits at the...