Oct 9th, 2019
by John Donovan.

Shell still has appetite for Mideast investments, says CEO

Royal Dutch Shell CEO Ben van Beurden
OCTOBER 9, 2019 / 10:30 AM
LONDON (Reuters) – Royal Dutch Shell (RDSa.L) has no intention to change its plans to invest in the Middle East, Chief Executive Ben van Beurden said on Wednesday
“We have absolutely no intention to change our attitude and appetite for investing in the Middle East. Far from it,” van Beurden told the Oil & Money conference.
Shell pulled out of the Majnoon oilfield in Iraq two years ago and earlier this year sold its stake in a refinery in Saudi Arabia. It is a major investor in Qatar and Oman. read more
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Oct 9th, 2019
by John Donovan.

Just Energy to sell U.K. operations to Shell
for C$17M
Just Energy (NYSE:JE) +4.7% after-hours on news it agreed to sell its U.K. operations to Shell Energy Retail Ltd. (RDS.A, RDS.B) for ~C$17M.
JE says the sale of Hudson Energy Supply UK will help narrow its geographic focus and concentrate on its core operations.
In addition, JE says it has identified another C$20M/year in cost savings, to bring total annualized cost savings initiatives announced so far to C$60M.
The company also says the strategic review process initiated in June is ongoing, and it has not set a specific timeframe for the conclusion of the review. read more
shellplc.website and its sister non-profit websites
royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
shell2004.com
are owned by
John Donovan. There is also a
Wikipedia feature.