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Opinion 5 months ago
PREMIUM
Analysis: Shell’s rocky exit paints cloudy future for private fuel retailers
The planned exit of British energy company Shell exit from the gas station business in Indonesia, which is set to wrap up in 2026, has been marred by a troubled send-off. It comes at a time when private fuel retailers have struggled with national gasoline shortages throughout September, and Shell has been no exception to the supply crunch.
Companies 10 months ago
PREMIUM
Shell to sell local gas stations to new Indonesia-Philippine venture
Shell is selling its gas station business and related supply and distribution operations, but not its lubricant business, to an Indonesian-Philippine joint venture, with the transfer process to be completed by the end of next year.
Markets 11 months ago
PREMIUM
Surge in demand drains Shell stations ahead of Idul Fitri
Shell is scrambling to manage an unexpected surge in demand that has fueled a supply issue at its gas stations nationwide, especially during the mudik travel season, though according to BPH Migas this is primarily a distribution issue, as the company has sufficient stock at its depots.
Companies 1 year ago
Shell says no impact to operations after oil leak in Bukom, Singapore
"We estimate that approximately 30-40 metric tonnes of slop, which is a mixture of oil and water, was leaked into the sea," the company said in a statement, adding that it was working with all relevant authorities to manage the clean-up effort.
