Trivium Neopol - Net Zero | Logo 22 Apr 2022

Time to Shell out?

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On Thursday, Bloomberg scooped that CNOOC, CNPC, and Sinopec – China's three major national oil companies (NOCs) – have held preliminary discussions of buying Shell's stake in a Russian oil and gas project.

ICYMI: Shell is exiting Russia due to the invasion of Ukraine – and facing up to USD 5 bi...

Snuh-ohez.

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