Shell May Divest Stake in Australia's Woodside to Avoid Risk of Arab Boycott

Move by energy giant would be in response to agreement by Australia's Woodside Petroleum to purchase 30% interest in Israel's Leviathan natural gas field, analyst says.

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Global energy giant Royal Dutch Shell will likely divest its 23.1% stake in Australia's Woodside Petroleum to avoid the risk of boycott by Arab countries, following Woodside's agreement to purchase a 30%...