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XRG to Buy Shell’s Stake in Australian Project for $1.45 Billion

The energy investment arm of Abu Dhabi’s state oil producer agreed to pay $1.45 billion for Shell Plc’s stakes in an Aus...

By Dhallo News · November 3, 2026 at 11:36 AM IST

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

SOURCE: Bloomberg Markets

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