Shell and Mitsubishi Explore Sale of Stakes in LNG Canada Project
NATURAL GAS
Shell and Mitsubishi are considering selling portions of their stakes in the C$40 billion LNG Canada project, with Shell potentially offloading up to 30% for around US$15 billion. The discussions are in early stages, and both companies are consulting financial advisors to evaluate options. This move comes amid sector-wide concerns about a global LNG supply glut and follows Petronas's recent partial stake sale in the same project.

Jan 19, 2026, 11:39 PM