Shell Exits Singapore Refining as Chandra Asri, Glencore Take Over

Shell Exits Singapore Refining as Chandra Asri, Glencore Take Over

In April 2025, Shell finalized the sale of its Singapore refining and petrochemical assets to a joint venture between Indonesia’s Chandra Asri and Switzerland’s Glencore. The transaction includes the Bukom refinery and Jurong Island facilities, marking the...
Indonesia to Launch USD 40 Billion Worth of Energy Projects in 2025

Indonesia to Launch USD 40 Billion Worth of Energy Projects in 2025

Indonesia aims to advance coal gasification initiatives with support from its newly established sovereign wealth fund, Danantara Indonesia, according to the country’s energy minister. As the world’s leading thermal coal producer, Indonesia has been promoting the...