Why Shell is looking to sell its chemical assets in the US and Europe
Oil and gas giant Shell is exploring a potential sale of its chemicals assets in Europe and the U.S., The Wall Street Journal reports. The sales considerations are part of a continuing drive by Shell to refocus the company’s business on its most profitable operations.
Potential buyers may include private equity firms and Middle Eastern entities seeking to expand capacity in the west, ...
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Shell is shaking up its Texas assets with one confirmed sale as reports surface of another potential divestment.
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The company said the product offers enhanced performance and long-term reliability for on- and off-road applications.
The energy group has been cutting costs and pivoting back to its most profitable sectors – oil, gas and biofuels. Read more ...
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