Royal Dutch Shell studies selling its property with the largest rocky field in America and comes with an important moment in turning away from the oil market, where the company faces increasing pressure to reduce carbon emissions.
According to Arab Net, the sale may be part of the Shell or the whole site in the American Pyraman site, mostly in Texas, which is about 6% of the total oil and gas production of the England Dutch company last year, according to Reuters sources and was informed. Arabic.Net.
The sources said Shell's assets had reached more than $ 10 billion, but there was no guarantee that Shell would end up a deal to sell assets.
This comes, while Shell, the second largest energy company in the Western world, comes to investors to increase profits and reduce greenhouse gas emissions that lead to a high temperature of the planet, including by getting rid of assets.
Any withdrawal from the Pyromyan River would represent a major shift from an already identified area as one of 9 basic basins in its own strategy to transform into zero net emissions by 2050. For all activities in Pyromeans, the profits remained out of the size and continuous drilling To promote production.
The shell plan for carbon neutrality, one of the most ambitious plans in this sector, is aimed at reducing oil and gas production gradually and increasing spending on renewable sources, hydrogen and low-carbon techniques.
The Dutch court ordered last month Shell to cut greenhouse gas emissions by 2030, much faster than planned. While Shell CEO, Ben Van Birden said last week that Shell plans to resume governance, but the company will also deepen emissions reductions, a move that is likely to be reduced in oil and gas.
A major oil production company is planning 1% to 2% per annum by 2030 by reducing investment and asset disposal. Spending on renewable energy and low-carbon techniques will increase up to 25% of its total budget by 2025.
Deals on the road
The frequency of merger was accompanied by Pyrites, where Pioneer Natural Resources acquired two companies, and Konoco Phillips acquired another company. Oxidental Petroleum has agreed to sell some of its property in the Pyrite field to Colgate Energie for $ 508 million in a step to cut its debts.
Huge production
