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ExxonMobil May Sell Singapore Fuel Retail Business in $1B Deal
ZACKSยท 2025-07-11 13:06
Key Takeaways According to the report, Aster Chemicals and Energy has been actively expanding its presence in Southeast Asia's energy sector. Its recent acquisitions include Shell's Singapore refining and chemicals assets, as well as Chevron Phillips Singapore Chemicals' polyethylene manufacturing facility on Jurong Island. Winning the bid for ExxonMobil's retail network would further consolidate Aster's position in the region's downstream market. Discussions are currently centered on finalizing the price a ...