Shell committed to Malaysia mobility ops


Sources said the talks began in late 2023 and a deal could be worth up to US$1bil.

BENGALURU: Global oil major Shell says it remains “committed to the mobility business” in Malaysia, after a report that it was in talks with Saudi Aramco to sell its petrol stations in the country.

Reuters reported on Monday, citing four industry sources aware of the discussions, that the talks began in late 2023 and a deal could be worth up to US$1bil.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Drop location pin, please
Amp up meter awareness
Some hotter than others
Stable jobless rate backed by tech, tourism
Two-car race gets hotter
Private equity’s tougher path to riches
Private equity rides megatrends
Riding the choppy 4Q waters
Domestic demand still key growth engine next year
A lifeline for TXCD, a risk for Vestland

Others Also Read