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Shell to Exit Permian Basin in $9.5 Billion Sale to ConocoPhillips

2021-09-20 22:55:00| OGI

Shell reached an agreement for the sale of its Permian Basin business to ConocoPhillips for $9.5 billion in cash, confirming rumors the supermajor was considering exiting the key shale asset.

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Category:Industrial Goods and Services

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