Staying Informed

Shell sells more U.S. gas assets, adds acreage in Pennsylvania, Ohio

LONDON/FARGO North Dakota (Reuters) - Royal Dutch Shell (RDSa.L) on Thursday announced the sale of two onshore U.S. shale gas assets in exchange for $2.1 billion (1 billion pounds) and acreage in different gas-rich areas as the energy company restructures its North America business and reins in costs. Shell agreed to sell to Ultra Petroleum (UPL.N) its relatively mature natural gas-producing ...

 

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