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.

a subsidiary of Shell, has completed the sale of a 35% participating interest in Indonesia's Abadi Masela gas project to Indonesia's Pertamina and Malaysia's Petronas, Shell said in a statement on ...

JAKARTA, May 23 (Reuters) - 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 ...

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 ...

Indonesia suspends the World project due to unregistered iris-scanning operations. Using shell entities for licensing violates Indonesian digital laws. Users question the ethics of trading ...

Shell said Tuesday that it is selling its 35% interest in Indonesia’s Masela production sharing contract, which includes the Abadi gas project, to PT Pertamina Hulu Energi and Petronas Masela ...