Shell mulling sale of holdings in largest U.S. oil field: reports

Royal Dutch Shell Plc is reportedly reviewing its holdings in the largest oil field in the U.S., according to reports Sunday.

The potential sale could include all of Shell’s 260,000 acres in the Permian Basin, mostly in Texas, as the company
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refocuses on existing production elsewhere and transitions to lower-carbon ventures, Reuters reported, citing unnamed people familiar with the matter.

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