Skip to content

Shell (SHEL) Stake Attracts Apollo, Blackstone, KKR for LNG Canada

Published on · Source: investing.com

Shell (SHEL) Stake Attracts Apollo, Blackstone, KKR for LNG Canada

AI Summary

Summarized by AI from the source below

Apollo, Blackstone, and KKR are reportedly competing to acquire a stake in Shell's (SHEL) LNG Canada project. This investment opportunity arises amid the growing demand for liquefied natural gas. The involvement of these private equity firms reflects heightened interest in energy assets. This potential acquisition could significantly impact the LNG market dynamics and investor sentiment towards Shell.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

Share:

Get the weekly market brief

One email every Monday: what moved, why, and what to watch. Free, unsubscribe anytime.

Get stories like this as they break

Our Telegram channel posts every market story the moment it is published. Free, and you can mute or leave anytime.