Shell's ownership in Trinidad and Tobago's Atlantic LNG facility will shrink, while BP and Trinidad's state-owned National Gas Co will increase their stakes in a restructuring agreement to be signed this week, according to three people familiar with the matter. The first of four liquefaction trains has been idled since 2020 due to reduced gas supplies from Trinidad's offshore fields. Trinidad and Tobago moved to restructure Atlantic LNG after determining it was not getting enough revenue from the facility.
Transaction in Own Shares December 05, 2023 • • • • • • • • • • • • • • • • Shell plc (the 'Company') announces that on 05 December 2023 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of PurchaseNumber of Shares purchasedHighest price paidLowest price paidVolume weighted average price paid per shareVenueCurrency05/12/20231,416,016£ 25.4600£ 25.1100£ 25.2461LSEGBP05/12/2023----Chi-X (CXE)GBP05/12/2023217,91
Shell's (SHEL) subsidiary completes the sale of Shell Energy Retail in the U.K. and Germany to Octopus Energy.