Sources: Shell Discussing Sale Of Petrol Stations In Malaysia To Saudi Aramco

news Sources: Shell Discussing Sale Of Petrol Stations In Malaysia To Saudi Aramco Cover image via FMT & The Cradle Follow us on Instagram, TikTok, and WhatsApp for the latest stories and breaking news.

London-based Shell wholly owns around 950 fuel stations across the Southeast Asian country, according to its website, with only Malaysia's state-owned Petronas operating a bigger network. The sale is part of CEO Wael Sawan's efforts to focus the company's operations on the most profitable businesses. Shell has said it would look to divest 500 gas stations this year and next. It is in the process of selling its Singapore refinery and petrochemical complex.

Aramco operates petrol stations in Saudi Arabia and also operates fuel stations elsewhere in joint ventures with French major TotalEnergies and South Korea's S-Oil Corp.Govt Responds After Being Urged To Explain Presence Of Israeli Companies At KL Expo Some of the companies have provided military equipment to Malaysia.

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Shell Business Acquisition Petrolstation Saudiaramco

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