Shell to Divest Retail Power Under Transition Rethink

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Shell said on Tuesday it will move ahead with the sale of its Shell Energy Retail unit that sells power and internet access in the UK, Germany and the Netherlands, accelerating the rationalization of its energy transition businesses under new CEO Wael Sawan.

Corporate Strategy , M&A, Majors, ESG, Renewable Electricity
Wanda Ad #2 (article footer)
The heads of the IEA, ECB and EIB discussed how Europe can avoid falling behind its competitors in the transition to low-carbon energy.
Fri, Sep 29, 2023
The move will revert ownership of the block to small independents Ratio Guyana and Cataleya Energy, with Ratio expected to take over operatorship.
Fri, Sep 29, 2023
Saudi Aramco is acquiring a stake in up-and-coming Australian LNG player MidOcean Energy as it positions itself for growth in the global LNG business.
Thu, Sep 28, 2023