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Shell says Singapore energy, chemicals assets under review

Published 14/06/2023, 07:31
© Reuters. A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/ FILE PHOTO
RDSa
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SINGAPORE (Reuters) - Shell (LON:RDSa) said on Wednesday it is conducting a strategic review of energy and chemicals assets on Bukom and Jurong Island in Singapore.

© Reuters. A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/ FILE PHOTO

The move was announced as part of the company's strategy update for investors, aimed at creating more value with less emissions.

The Bukom refinery, Shell's only wholly owned refining-petrochemical centre in Asia, can process 237,000 barrels per day (bpd) of crude.

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