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As the Shift to Green Energy Speeds Up, Shell's Big Natural-Gas Bet Is at Risk

As the Shift to Green Energy Speeds Up, Shell's Big Natural-Gas Bet Is at Risk
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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Shell shares 26% stake in Queensland Curtis LNG Common Facilities

Shell shares 26% stake in Queensland Curtis LNG Common Facilities
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Shell Completes $2.5B Deal

QGC Common Facilities Company has completed the sale of a 26.25 percent interest in the Queensland Curtis LNG Common Facilities to Global Infrastructure Partners Australia for $2.5 billion. Shell’s (NYSE: RDS.A) wholly owned subsidiary, QGC Common Facilities Company Pty Ltd, has revealed that it has completed the sale of a 26.25 percent interest in the Queensland Curtis LNG (QCLNG) Common Facilities to Global Infrastructure Partners Australia for $2.5 billion. The sale, which was first announced on December 21, 2020, is consistent with Shell’s strategy of selling non-core assets in order to further high-grade and simplify its portfolio, Shell noted. Shell said the sale will contribute to its expected divestment proceeds, without impact on people or the operations of the QCLNG venture.

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Shell Completes QCLNG Facilities Deal

Shell announced the decision to sell 26.25% interest in the Queensland Curtis LNG (QCLNG) Common Facilities in December last year.

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TOP NEWS SUMMARY: AstraZeneca and Oxford insist Covid-19 jab is safe

TOP NEWS SUMMARY: AstraZeneca and Oxford insist Covid-19 jab is safe Mon, 15th Mar 2021 11:00 (Alliance News) - The following is a summary of top news stories Monday. COMPANIES The director of the Oxford Vaccine Group said there was no link between the jab it developed with Anglo-Swedish pharmaceutical giant AstraZeneca and blood clotting, after several countries suspended its use. Andrew Pollard said there was very reassuring evidence that there is no increase in a blood clot phenomenon here in the UK, where most of the doses in Europe been given so far . It s absolutely critical that we don t have a problem of not vaccinating people and have the balance of a huge risk, a known risk of Covid, against what appears so far from the data that we ve got from the regulators – no signal of a problem, he told BBC Radio. Ireland and the Netherlands on Sunday became the latest countries to suspend their use of the Oxford/AstraZeneca vaccine out of precaution. Denmark, Norway and

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