Trending FOX BUSINESS News: Shell exits Permian with $9.5 bln Texas shale sale to ConocoPhillips

Shell exits Permian with $9.5 bln Texas shale sale to ConocoPhillips


Royal Dutch Shell said on Monday it would sell its Permian Basin assets to ConocoPhillips for $9.5 billion in cash, an exit from the largest U.S. oilfield for the energy major shifting its focus to the clean energy transition.

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