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XRG to Buy Shell Australian LNG Plant Stake for $1.5 Billion

The energy investment arm of Abu Dhabi’s state oil producer agreed to pay $1.45 billion for Shell Plc’s stake in an Australian natural gas project, the latest in a series of deals as the Middle Eastern company seeks to expand globally.

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ImpactNotable
Published2 d ago (Tue, 03 Nov 2026 06:06:48 GMT)
AuthorAnthony Di Paola
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Impact score44/100
RatingProbability of 60%.
RegionsGlobal
Retrievedvia rss
ClassifiedTue, 03 Nov 2026 07:38:37 GMT by classifier