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 ...

T Shell Indonesia, a wholly owned subsidiary of Anglo-Dutch energy giant Shell plc, has agreed to sell ownership of its gas station business to a new joint venture between the Philippines ...

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 ...

TEMPO.CO, Jakarta - Recently, rumors have been circulating about the Shell-owned gas stations that will be closed in Indonesia. The rumors surfaced due to its association with the retail fuel ...

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 ...