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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Shell Plc | LSE:SHEL | London | Ordinary Share | GB00BP6MXD84 | ORD EUR0.07 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 12.00 | 0.43% | 2,831.00 | 2,830.00 | 2,831.00 | 2,868.00 | 2,828.50 | 2,868.00 | 746,127 | 08:27:55 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 316.62B | 19.36B | 2.9802 | 9.46 | 183.12B |
From May 2022 to May 2024
By Jeffrey T. Lewis
SÃO PAULO--Petróleo Brasileiro SA said Tuesday evening it received an earnout payment from Shell PLC related to the transfer of rights to produce oil from Brazil's Atapu oil field.
Petrobras, as the Brazilian company is known, said it received 347 million reais, the equivalent of $69 million. The amount also includes the gross-up of taxes related to Shell's 25% stake in the Atapu field, Petrobras said.
Petrobras and the Brazilian government reached an agreement in 2019 to change the exploration and production contract the state-controlled company first signed in 2010. Part of the agreement permitted the sale of rights to certain oil fields, including Atapu.
Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com
(END) Dow Jones Newswires
February 01, 2023 07:43 ET (12:43 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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