Shell in talks on refinery sales
Shell is in exclusive talks with Indian industrial group Essar on the sale of two refineries in Germany and one in Britain.
A spokesman for the Essar conglomerate confirmed the talks and said no price or time frame for a potential sale had been agreeds, Dow Jones said.
Shell is planning to divest some 15% of its global refining capacity over the next three years as part of its restructuring programme and wants to concentrate on its bigger refineries.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.
Make a donation