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Shell and Exxon halt UK gas asset sale to Viaro Energy

By Thomson Reuters Jan 14, 2026 | 3:47 AM

LONDON, Jan 14 (Reuters) – Shell and ‍Exxon Mobil have halted a planned sale ‌of ‌their natural gas assets in Britain’s Southern North Sea ​to Viaro ‍Energy, ​Shell said ​in a ‍statement on Wednesday.

“Despite a constructive process, completion ‍conditions were not met as ‍commercial ‍and ​market conditions ​evolved,” ⁠a Shell ‌spokesperson said.

(Reporting by Stephanie Kelly. Editing by Mark ⁠Potter)