According to a Financial Times article, “Royal Dutch Shell has revived plans to dispose of its European liquefied petroleum gas business four years after a second failed attempt to sell the assets.”
Shell has already disposed of under-performing assets around the globe, including Australia, the USA and in the North Sea. The latest move is part of the $15 billion fire sale announced by the incoming new CEO Ben van Beurden earlier this year, following the surprise issuance of a Shell profits warning that shook the markets.