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Shell in talks to sell Malaysia fuel stations to Saudi Aramco, sources say

Energy giant Shell is in talks with Saudi Arabia s state-owned Saudi Aramco to sell its gas station business in Malaysia, the second-largest such network in the country, four industry sources aware of.

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Shell in talks to sell Malaysia fuel stations to Saudi Aramco, according to report

Sources said talks began in late 2023, and a deal may be finalised in the coming months.

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Shell said to be in talks to sell its entire Malaysian petrol station network to Saudi Aramco – report

Shell said to be in talks to sell its entire Malaysian petrol station network to Saudi Aramco – report
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Shell Pumps The Brakes in Malaysia, Gas Station Network Reportedly Up for Sale For $1B - Shell (NYSE:SHEL)

Shell is reportedly in talks with Saudi Aramco to sell its Malaysia gas station business for $1B. Plans to divest 500 stations this year, focus on profitable ventures.

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Shell in talks to sell Malaysian fuel stations to Saudi Aramco, sources say

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

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