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Shell Mulls Sale of U.S.’s Largest Oil Field During Climate Push

Royal Dutch Shell Permian Basin Operations As Oil Prices Beat Earnings Estimates
Photographer: Callaghan O'Hare/Bloomberg

Royal Dutch Shell Plc is reviewing its holdings in the largest oil field in the U.S., a possible sale that could raise as much as $10 billion, according to Reuters.

The potential sale could include all of Shell’s 260,000 acres in the Permian Basin, Reuters reported citing unidentified people familiar with the matter. Shell declined to comment on Reuters’ report.