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PSEG Announces Ralph LaRossa as President and CEO - Vimarsana News

PSEG Announces Ralph LaRossa as President and CEO

/PRNewswire/ -- PSEG announced that Ralph LaRossa has been named president and chief executive officer effective Sept. 1, 2022. As part of a planned leadership...

Shell to sell interest in Aera Energy to IKAV - Vimarsana News

Shell to sell interest in Aera Energy to IKAV

/PRNewswire/ -- Shell Offshore Inc., a subsidiary of Shell plc, has agreed to sell its 100% interest in Shell Onshore Ventures LLC which holds a 51.8%...

LaRossa takes the helm at PSEG - Vimarsana News

LaRossa takes the helm at PSEG

PSEG made it official Thursday with Ralph LaRossa assuming the role of president and CEO of the Newark-based energy company.

Source: njbiz.com
Shell to sell interest in Aera Energy to IKAV - Vimarsana News

Shell to sell interest in Aera Energy to IKAV

/PRNewswire/ -- Shell Offshore Inc., a subsidiary of Shell plc, has agreed to sell its 100% interest in Shell Onshore Ventures LLC which holds a 51.8%...

Shell to sell interest in Aera Energy to IKAV - Vimarsana News

Shell to sell interest in Aera Energy to IKAV

HOUSTON, Sept. 2, 2022 /PRNewswire/ -- Shell Offshore Inc., a subsidiary of Shell plc, has agreed to sell its 100% interest in Shell Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV for a total consideration of approximately $2 billion in cash with additional contingent payments based on future oil prices, subject to regulatory approval. The transaction has an effective date of October 1, 2021 and is expected to close in Q4 2022. "This decision supports our strategy to create a resilient and competitive Upstream portfolio by focusing on positions wit...