Shell S’pore moves to help fuel energy transition - Back-to-back transactions shows firm’s green strategy

SINGAPORE: Shell Singapore has sold a 60-year-old crude oil refinery and bought one of the Republic’s top traders of lower-emissions liquefied natural gas (LNG) in the space of two months.

The almost back-to-back transactions now stand as the best example of how the company envisions execution of its energy transition strategy that aims to cut its carbon footprint and increase focus on its most profitable businesses.