Downstream strategy: Shell has been reducing its refinery footprint and recent examples include the sale of refineries in Norway, the Czech Republic, the United Kingdom, France and Germany. — Bloomberg
Oil firm says it ran a comprehensive, competitive and robust sales process
KUALA LUMPUR: A Malaysian prospective buyer failed to meet Shell Overseas Holdings Ltd’s (SOHL) requirements in relation to the sale of its 51% stake in Shell Refining Co (Federation of Malaya) Bhd (SRC), the London-based firm said.
