Royal Dutch Shell on Monday said it was selling off all of its oil and gas assets in Texas’s Permian Basin for $9.5 billion in cash to ConocoPhillips, one of the biggest recent transactions in the industry.
Royal Dutch Shell on Monday said it was selling off all of its oil and gas assets in Texas’s Permian Basin for $9.5 billion in cash to ConocoPhillips, one of the biggest recent transactions in the industry.