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Sources Confirm Glencore's Interest in Acquiring Shell Singapore Assets Following CNOOC Withdrawal

The Straits Times LogoThe Straits Times1 mo ago

 Sources Confirm Glencore's Interest in Acquiring Shell Singapore Assets Following CNOOC Withdrawal - The Straits Times

Quick Summary:

February 28, 2024 1:36 PM - Shell is reportedly looking to sell assets on Pulau Bukom and Jurong Island.

Shell’s Bukom plant was Singapore’s first refinery when it opened in 1961 and it was once the company’s biggest refining-petrochemical complex globally.

Investment bank Morgan Stanley is working with Glencore on a potential deal, according to two sources familiar with the matter.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-02-28 @ 13:36:00 (1 months ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 594 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 20250528

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About The Straits Times

The Straits Times Logo

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 15 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

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The story " Sources Confirm Glencore's Interest in Acquiring Shell Singapore Assets Following CNOOC Withdrawal" has 594 words across 32 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story " Sources Confirm Glencore's Interest in Acquiring Shell Singapore Assets Following CNOOC Withdrawal" was covered 1 months ago by The Straits Times, a news publisher based in Singapore.

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The Straits Times is a fully independent (privately-owned) news outlet established in 1845 that covers mostly economy and business news.

The outlet is headquartered in Singapore and publishes an average of 15 news stories per day.

It's most recent story was published 3 hours ago.

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  • News ID: #20250528
  • URL: https://beamstart.com/news/glencore-eyes-shell-singapore-assets-1709100357419

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