Shell to sell Singapore oil refinery, chemicals assets to Glencore joint venture
SHELL Singapore is selling all its interest in Energy and Chemicals Park to CAPGC, a joint venture between commodity trader ...
Tag: refinery
BP profits drop to US$2.7 billion, refinery outage offsets higher output
BP reported on Tuesday (May 7) first-quarter earnings of US$2.7 billion, down 40 per cent from a year earlier and ...
Glencore Group nears deal for Shell’s Singapore oil refinery
A GROUP including commodity trader Glencore and Indonesian chemicals business Chandra Asri Pacific is in advanced talks to buy Shell ...
China’s Sinopec charts global expansion with refinery in rival India’s backyard
CHINESE state energy giant Sinopec is pushing for greater access to Sri Lanka’s market, where rival India is also seeking ...
Trafigura consortium in talks to buy Exxon oil refinery in France
RHONE Energies, a consortium of commodity trader Trafigura and Entara, is in exclusive negotiations with ExxonMobil’s Esso Saf to acquire ...
Oil prices up 3% to 4-month high on US crude stock drop, Russian refinery attacks
OIL prices rose about 3 per cent to a four-month high on Wednesday on a surprise withdrawal in US crude inventories, ...
Indonesia’s Pertamina to slash capacity at second-biggest refinery due to upgrade
INDONESIA’S state energy company Pertamina will reduce production capacity at its Balikpapan refinery starting in the third week of February ...
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