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Shell Denies to Investors Sale of Assets in Vaca Muerta

Summary by Bloomberg Linea
Wael Sawan and Sinead Gorman, CEO and CFO of Shell, London-based oil giant, rejected on Thursday the versions of the company's possible sale of assets in the unconventional formation of gas and oil Vaca Muerta, in Argentina. Before investors and after presenting quarterly results, they catalogued the versions as “fake news” and denied having knowledge of a possible sale. Thus, they went out to the crossroads of a news published by Reuters days a…
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The governor of Neuquén, Rolando Figueroa, received on Wednesday representatives of Shell Argentina SA, who confirmed that the company will continue in Vaca Muerta and that there is no decision to sell or abandon its assets in the Neuquina basin. During the meeting, the president of Shell Argentina SA, Germán Burmaister clarified that the published versions do not respond to the current strategy of the company, which continues to analyze develop…

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Shell’s global CEO, Wael Sawan, denied that the company had its assets on sale in Vaca Muerta. “Fake news,” the executive responded emphatically and resoundingly, when an analyst asked him why during the presentation of results made on Thursday by the Anglo-Dutch group. Two weeks ago, Reuters had reported that Shell was planning to divest itself from its areas in the formation, one of the world’s largest reserves of non-conventional hydrocarbons…

·Argentina
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Wael Sawan and Sinead Gorman, CEO and CFO of Shell, London-based oil giant, rejected on Thursday the versions of the company's possible sale of assets in the unconventional formation of gas and oil Vaca Muerta, in Argentina. Before investors and after presenting quarterly results, they catalogued the versions as “fake news” and denied having knowledge of a possible sale. Thus, they went out to the crossroads of a news published by Reuters days a…

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Bloomberg Linea broke the news in on Thursday, February 5, 2026.
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