XRG to Buy Shell’s Stake in Australian Project for $1.45 Billion
The energy investment arm of Abu Dhabi’s state oil producer agreed to pay $1.45 billion for Shell Plc’s stakes in an Australian natural gas project, the latest in a series of deals as it seeks to expand around the world.
Covered by 2 sources from 2 countries. First reported by Bloomberg ·
How 2 newspapers cover this story
XRG to Buy Shell’s Stake in Australian Project for $1.45 Billion
The energy investment arm of Abu Dhabi’s state oil producer agreed to pay $1.45 billion for Shell Plc’s stakes in an Australian natural gas project, the latest in a series of deals as it seeks to expand around the world.
Abu Dhabi’s XRG in $2.1b deal to buy Shell out of North West Shelf
One year after Abu Dhabi’s XRG dropped its Santos bid, it has a big Australian purchase.
Coverage details
2 outlets from 2 countries are covering this story: Bloomberg and The Australian Financial Review. Bloomberg and The Australian Financial Review published it almost at the same time, on November 3, 2026.
Key names in the coverage: Buy Shell, Abu Dhabi and XRG.
By country: United States (1), Australia (1).
