Shell plc (LON:SHEL) has agreed to sell its onshore renewables business in Europe to another European oil and gas major, France’s TotalEnergies SE (EPA:TTE), which simultaneously announced a separate renewables portfolio farm-down deal with global investment firm KKR (NYSE:KKR).

German renewables developer VSB saw its CEO depart as its integration into new parent entity TotalEnergies deepens

French supermajor buys European wind and solar assets from oil giant peer