[Scythian]

"Aug 28 (Reuters) - Asia's top refiner, Sinopec Corp , is not interested in acquiring Shell's refinery or petrochemical plant in Singapore although it is keen on participating in a shale gas project in Saudi Arabia, the Chinese company's president said on Monday.

Sinopec President Yu Baocai was speaking after sources last week told Reuters that Shell (SHEL.L) had hired Goldman Sachs to advise on a potential sale of its Singapore assets and that Sinopec was among the companies reviewing them."
https://www.reuters.com/business/energy/...ing%20them.

[revealer]

Chinese Refining Giant Sees Profits Decline 20% As Fuel Demand Disappoints

https://www.baystreet.ca/articles/commod...280/082823

[Sticw]

The future is renewable energy; solar, wind, wave, water and cosmo energy... And to extend that the newer nuclear technology with less pollutive materials...

[ysh02]

So Shell refinery and chemicals plants no body want ? ....need to wait again : workers are safe for the moment...

[Sticw]

Maybe got exit clause that Sg govt to buy over at a price. Can nego for $1. Lol

[Scythian]

Maybe got exit clause that Sg govt to buy over at a price. Can nego for $1. Lol

eBay

[Scythian]

So Shell refinery and chemicals plants no body want ? ....need to wait again : workers are safe for the moment...

Soon workers will be paid by barrels of oil to bring home.

[Dan]

Soon workers will be paid by barrels of oil to bring home.

Straws included

[Scythian]

The future is renewable energy; solar, wind, wave, water and cosmo energy... And to extend that the newer nuclear technology with less pollutive materials...

The science is clear: to avoid the worst impacts of climate change, emissions need to be reduced by almost half by 2030 and reach net-zero by 2050. 

To achieve this, we need to end our reliance on fossil fuels and invest in alternative sources of energy that are clean, accessible, affordable, sustainable, and reliable.

Note
Singapore desperately needed tax revenues and Shell, a cash cow being dragged further along until the sun goes down.

[victortan]

Shell use to be a glamour coy to work for in my younger days. , many month bonus,,

Now in such a bad shape..Time change,

many people gg to dies. retrench at this time and next year if recession come,, God bless spore.

[Scythian]

Straws included

Who says Singapore got no genius?

[Scythian]

The future is renewable energy; solar, wind, wave, water and cosmo energy... And to extend that the newer nuclear technology with less pollutive materials...

Gazette as heritage and historical significance to be  renamed as:

"Shell Lighthouse."

[Scythian]

Gazette as heritage and historical significance to be  renamed as:

"Shell Lighthouse."

https://encrypted-tbn0.gstatic.com/image...i1OYUhAia_&s=10

[Scythian]

https://encrypted-tbn0.gstatic.com/image...i1OYUhAia_&s=10

How many Singaporeans living along West Coast and island wide died from cancers and other terminal illness?

[Scythian]

Sinopec must have considered these other "unknown" factors..
  
1. Fear of refinery being sabotaged and incurred heavy restoration costs forcing to invest more and stayed longer in future.

2. Natural disasters and Sumatra volcano 🌋 along 800 km Straits of Malacca will cause massive traffic disruption.

3. Kra canals