Shell makes offer to purchase ERM Power

Aug 22, 2019

Shell Energy Australia Pty Ltd (Shell), a subsidiary of Royal Dutch Shell plc, has today entered into a Scheme Implementation Deed to acquire 100% of the shares in ERM Power (ERM), a leading commercial and industrial (C&I) electricity retailer in Australia, for $AUD 617 million less dividend adjustments payable by ERM.  

First LNG Cargo shipped from Prelude FLNG

Jun 11, 2019

Shell, along with its Joint Venture Partners INPEX, KOGAS and OPIC, today announced that the first shipment of Liquefied Natural Gas has sailed from Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility located 475kms North East of Broome in Western Australia. This shipment will be delivered by the Valencia Knutsen to customers in Asia.

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