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Shell considering sale of holdings in largest U.S. oil field, worth up to $10 billion – CNBC

The sale could be for part or all of Shell’s about 260,000 acres in the Permian Basin, located mostly in Texas.

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Oil giant Royal Dutch Shell is reviewing its holdings in the largest oil field in the United States for a possible sale as the company looks to focus on its most profitable oil-and-gas assets and grow its low-carbon investments, according to sources familiar…

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