Shell to sell 24% stake in Woodside

The share price of oil and gas firm Woodside dipped on Friday after oil major Shell announced it would sell its stake in the Australian company. Royal Dutch Shell CFO Simon Henry said overnight that its 24.27% stake in Woodside no longer fitted...

Shell starts public consultation for SA shale gas exploration

Energy giant Shell has appointed an independent consultancy to compile an environmental management programme for its shale gas exploration activities in South Africa’s Karoo basin. Shell submitted an application to the Petroleum Agency of South...

Shell sells part of Woodside stake for A$3,3bn

Petroleum giant Shell announced on Monday that it would sell a 10% stake in Australia’s largest independent oil and gas company, Woodside, for A$3,3-billion. Shell subsidiary, Shell Energy Holdings Australia (SEHAL) would sell 78,34-million...

Shell talks up SA shale gas prospects

Energy giant Shell is confident of finding shale gas in South Africa, CEO Peter Voser said on Monday. The company has been granted permits to explore for the fuel by Petroleum Agency SA, along with oil and gas company Falcon. Sasol and Anglo...