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SHEL Shell Plc

2,836.00
17.00 (0.60%)
Last Updated: 08:21:54
Delayed by 15 minutes
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
  17.00 0.60% 2,836.00 2,835.00 2,836.00 2,868.00 2,834.00 2,868.00 671,079 08:21:54
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9802 9.46 183.12B

Shell Pulls Out of Kalamkas-Khazar Project in Kazakhstan

21/10/2019 2:32pm

Dow Jones News


Shell (LSE:SHEL)
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By Oliver Griffin

 

Royal Dutch Shell PLC (RDSB.LN) confirmed in an email on Monday that it and other shareholders have pulled out of the Kalamkas-Khazar project in Kazakhstan.

The integrated oil-and-gas company, which had held a 16.81% stake in the NCOC NV consortium, said it decided the project wasn't competitive enough compared with the other opportunities in its global portfolio.

The company said it remains one of the largest investors in Kazakhstan and looks forward to developing future projects in the country.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com

 

(END) Dow Jones Newswires

October 21, 2019 09:17 ET (13:17 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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