Independent Financial Information Made Easy
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Shell Midstream Operating LLC has agreed to sell its 16.125% stake in Colonial Enterprises, Inc. to Brookfield Infrastructure Partners LPs (NYSE: BIP ) subsidiary, Colossus AcquireCo LLC, for $1.45 billion. Shell has raised its structural cost reduction target from $2-3 billion by 2025. Shell only controls its own emissions. Shells operating plans cannot reflect our 2050 net-zero emissions target, as this target is currently outside our planning period.
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