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Glencore eyes Shell Singapore assets as Cnooc pulls out: sources

Glencore eyes Shell Singapore assets as Cnooc pulls out: sources
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

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Exclusive-Glencore eyes Shell Singapore assets as CNOOC pulls out, sources say

SINGAPORE - Swiss miner and commodities trader Glencore is looking at buying Shell s oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after earlier.

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Glencore is keen on Shell's Singapore assets, sources say

Glencore stands to gain a physical foothold for its trading in Asia’s main oil hub

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Glencore eyes Shell Singapore assets as CNOOC pulls out, sources say

High operating costs and spectre of a carbon tax are deterrents to would-be buyers. Read more at straitstimes.com.

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Glencore May Snap Up Shell Oil Assets in Singapore

Glencore is considering acquiring Shell’s oil operations in Singapore after several previous candidates for the assets changed their minds.

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