Business
May 8, 2024, 11:16 AM
May 8, 2024, 7:49 AM
Yahoo! News

Shell to Sell Singapore Assets to Glencore-Indonesian Joint Venture

Singapore sovereign island country and city-state in maritime Southeast Asia Glencore Anglo-Swiss mining and commodity trading company
Highlights
  • Shell has agreed to sell its Singapore refining and chemicals assets to a joint venture between Glencore and PT Chandra Asri Pacific.
  • The move is part of Shell's global strategic review to become a lower-carbon operator.
  • The deal marks a significant shift in Shell's operations in Singapore.

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