Free Trial

Shell Shortlists Four Companies for Singapore Refining Assets


Shell has shortlisted at least four companies as bidders for its Singapore refinery assets according to a Reuters exclusive.

  • The shortlist includes CNOOC, Vitol and two Chinese chemical producers Eversun Holdings in Fujian province and Shandong province-based Befar Group.
  • Bids for the assets are due by the end of February and the process is aimed to be wrapped up by the end of 2024.
  • The assets include a 237,000 bpd refinery and a one million metric tpy ethylene plant on Singapore's Bukom island.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.