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September 01, 2020 1:29pm
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Shell exits Permian with $9.5 bln Texas shale sale to ConocoPhillips

Royal Dutch Shell said on Monday it would sell its Permian Basin assets to ConocoPhillips for $9.5 billion in cash, an exit from the largest U.S. oilfield for the energy major shifting its focus to the clean energy transition.
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