Shell plc’s SHEL Indonesian affiliate has taken a bold step in reshaping its business strategy by divesting fuel retail operations to a joint venture between Citadel Pacific Limited and Sefas Group.

Shell Indonesia, a wholly owned subsidiary of European oil and gas major Shell (NYSE:SHEL), has agreed to transfer ownership of its fuel filling station business in Indonesia. The buyer will be a new ...

TEMPO.CO, Jakarta - The manager of Shell Indonesia's Gas Station assures that all parties remain committed to the agreement to sell its entire network of gas stations to a joint venture between Sefas ...

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JAKARTA — Shell Indonesia has agreed to sell ownership of its gas station business to a joint venture between Citadel Pacific Limited and Sefas Group, but will keep its lubricant business, the company ...

The installation of solar PV on the rooftop of Shell LOBP in Marunda is expected to generate approximately 26 GWh of electricity (20%-35% of LOBP total power consumption) to help reduce CO2 emissions ...

Shell is seeking to sell its minority stake in a liquefied natural gas (LNG) project in Indonesia, hoping to get US$1 billion for its 35-percent interest in the US$15-billion project, Reuters reported ...

Shell plc (SHEL) made a significant decision to sell its 35% stake in Indonesia’s Masela production sharing contract (including the Abadi gas project) to PT Pertamina Hulu Energi and Petronas Masela ...