Macro Finance
XRG to Buy Shell Australian LNG Plant Stake for $1.5 Billion
Bloomberg Markets·November 3, 2026·1 min read
Abu Dhabi's state oil producer investment arm agreed to pay $1.45 billion for Shell Plc's stake in an Australian natural gas project. This is the latest in a series of deals as the Middle Eastern company seeks to expand globally, according to the announcement.
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