MARKETS

Sinopec abandons Shell Singapore Refinery

CHINA’S Sinopec has confirmed it would invest in Saudi Aramco’s Jafurah natural gas project alongside TotalEnergies after mulling an acquisition of Shell’s Bukom oil refinery in Singapore.

Staff Report
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Shell-Bukom.png

Saudi Aramco is in a "listening phase" with Sinopec and TotalEnergies in relation to proposals for the US$10 billion shale gas development project, according to Oilprice.  Bukom oil refinery, Situated...

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