Shell in talks to sell Malaysian gas station business to Saudi Aramco in $1-billion deal: report

Energy conglomerate Shell is currently negotiating the sale of its extensive gas station network in Malaysia to Saudi Arabia’s state-owned oil company, Saudi Aramco, in a deal that industry insiders estimate could reach $1 billion, Reuters reported. Strategic divestiture amid global refocusing Shell, headquartered in London, operates around 950 fuel stations in Malaysia, making it […]