Up until a few days ago, the leadership of British North Sea producer Siccar Point was negotiating the sale of a stake in the promising Cambo oil development to another private equity-backed company, NEO, sources told Reuters. But on Thursday Royal Dutch Shell, Siccar Point's partner in the project, pulled its support for Cambo amid a wider public debate about the future of fossil fuels development in the North Sea.
Shell U-turn on Cambo could mean end for big North Sea oil projects. Industry sources say Siccar Point will struggle to find new partner to take on Shell’s 30% stake in oilfield
Transaction in Own Shares 03 December 2021 • • • • • • • • • • • • • • • • Royal Dutch Shell plc (the ‘Company’) announces that on 03 December 2021 it purchased the following number of 'B' Shares for cancellation. Aggregated information on “B” shares purchased according to trading venues: Date of purchaseNumber of “B” shares purchasedHighest price paid(GBP)Lowest price paid(GBP)Volume weighted average price paid per share(GBP)Venue 03/12/20211,364,90516.69216.43216.548LSE 03/12/2021179,00016.684