Shell is selling its chemicals business operating in Pennsylvania, with potential buyers including Kuwait Petroleum Corporation, LyondellBasell, and ExxonMobil.
2 reports, 1 independent
Updated Aug 25
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Shell is selling its chemicals business operating in Pennsylvania, with potential buyers including Kuwait Petroleum Corporation, LyondellBasell, and ExxonMobil.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Shell
British multinational oil and gas company
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Kuwait Petroleum Corporation
state owned oil corporation in Kuwait
Nothing else this week.
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LyondellBasell
chemical company
Nothing else this week.
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ExxonMobil
American multinational oil and gas corporation
Related events
- Shell invested capital in a Monaca facility in Qatar, where it operates gas-to-liquids facilities amidst Middle East conflict risks.
- Shell holds interests in facilities in Louisiana, Texas, and the Monaca complex in Pennsylvania.
- Chevron is looking to expand into Iraq, while ExxonMobil is bidding on Shell's U.S. chemicals assets.
- Corporate shifts include Dow exiting a petrochemical project, Eni operating in Venezuela, Enbridge acquiring a pipeline business, investment in Vaca Muerta shale, and Shell selling its U.S. gas plant.