Houston-based ConocoPhillips (NYSE: COP) is selling interests in the Gulf to subsidiaries of London-based Shell PLC (NYSE: SHEL) for $735 million.

Shell highlighted that oil and gas production in the Gulf of America has one of the lowest greenhouse gas intensities globally. The company emphasized that increasing its working interest in Ursa ...

ConocoPhillips said on Friday it would sell its interests in the Ursa and Europa Fields to Shell for $735 million, as part of ...