welcome
CNBC

CNBC

Business

Business & Economics

Shell and Equinor to create Britain's largest independent oil and gas company in joint venture

CNBC
Summary
Nutrition label

79% Informative

Shell and Equinor 's joint venture will be established in Aberdeen , Scotland .

The companies plan to complete the deal by the end of next year , subject to approvals.

At that time, the incorporated company is set to become the U.K. North Sea's largest independent producer.

It is expected the company will produce more than 140,000 barrels of oil equivalent per day in 2025 .

VR Score

87

Informative language

90

Neutral language

94

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links