Shell acquires British Gas to become leading liquefied natural gas producer
Royal Dutch Shell has concluded acquisition talks with liquefied natural gas (LNG) producer British Gas (BG), the UK’s third-largest energy company, increasing its annual gas output above the combined output of its nearest competitors, Chevron and ExxonMobil. The GBP47 billion purchase will give Shell access to lucrative projects in Australia and Tanzania, while the biggest … Continue reading Shell acquires British Gas to become leading liquefied natural gas producer