Advertisement
UK markets close in 5 hours

  • FTSE 100

    8,108.46
    +29.60 (+0.37%)
     

  • FTSE 250

    19,821.45
    +219.47 (+1.12%)
     

  • AIM

    755.98
    +2.86 (+0.38%)
     

  • GBP/EUR

    1.1656
    -0.0001 (-0.00%)
     

  • GBP/USD

    1.2511
    +0.0000 (+0.00%)
     

  • Bitcoin GBP

    51,418.66
    +713.25 (+1.41%)
     

  • CMC Crypto 200

    1,391.37
    -5.17 (-0.37%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • CRUDE OIL

    83.90
    +0.33 (+0.39%)
     

  • GOLD FUTURES

    2,360.70
    +18.20 (+0.78%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,044.52
    +127.24 (+0.71%)
     

  • CAC 40

    8,036.25
    +19.60 (+0.24%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Shell eyes $700mln exit from Gabon - sources

Reuters - UK Focus

By Freya Berry and Ron Bousso

LONDON, April 21 (Reuters) - Royal Dutch Shell (Xetra: A0ET6Q - news) is working on selling out of its onshore assets in Gabon, according to two sources familiar with the matter, as the oil giant seeks to refocus its African presence.

Bids are due in June for the fields, which one source estimated could be worth around $700 million. However the second person said that price indications were currently below Shell (LSE: RDSB.L - news) 's expectations and that no sale may occur. Shell's Gabon holdings include the Rabi Kounga and Gamba fields.

"Shell continuously evaluates opportunities for our global portfolio in line with our business strategy," a company spokesman said on Thursday.

(Reporting by Freya Berry and Ron Bousso; editing by Lawrence White)