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Shell news

Shell sells Duvernay shale assets to Crescent Point Energy

The transaction includes the transfer of approximately 450 000 net acres in the Fox Creek (Kaybob) and Rocky Mountain House (Willesden Green) areas, along with related infrastructure, currently producing around 30 000 boe/d from more than 270 wells.


Shell sets out net-zero plans

Shell has set out its strategy to accelerate its transformation into a provider of net-zero emissions energy products and services.


Resolution 3D survey delayed

Shell has said that the marine 3D seismic survey, planned over the Resolution and Endeavour gas discoveries, is now anticipated to be acquired in February 2022 rather than 1Q21.


Shell writes down assets again

Shell has said it will write down the value of oil and gas assets by US$3.5 billion to US$4.5 billion.