Shell Plans $1 Billion Angola Oil Investment During Offshore Exploration Push: Report

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Shell Plans $1 Billion Angola Oil Investment During Offshore Exploration Push: Report

benzinga.com/markets/large-cap/25/11/48599655/shell-plans-1-billion-angola-oil-investment-during-offshore-exploration-push-report

Shell PLC (NYSE:SHEL) reportedly plans to invest around $1 billion in new oil blocks in Angola.
The chairman of the oil regulator stated that the move reflects the southern African nation’s aim to boost production that has declined over the years, as per Bloomberg.
• SHEL is trading at…

This story appeared on benzinga.com, 2025-11-03 18:05:57.