- Bloomberg
Glencore Group Nears Deal for Shell’s Singapore Oil Refinery
(Bloomberg) -- A group including commodity trader Glencore Plc and Indonesian chemicals business PT Chandra Asri Pacific is in advanced talks to buy Shell Plc assets in Singapore in a deal that could be worth about $1 billion, people with knowledge of the matter said.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies Most in 18 Months on Upbeat Forecast, BuybackEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventTrump Auditions VP Picks
- Barrons.com
Shell Beat Expectations on Earnings, Buys Back Shares. The Stock Is Rising.
Chief Executive Officer Wael Sawan is working to close the valuation gap between his company and American rivals Exxon and Chevron.
- Bloomberg
Shell Maintains Pace of Buybacks as Profit Beats Estimates
(Bloomberg) -- Shell Plc kept up the pace of share buybacks as first-quarter profit dropped less than expected, maintaining the focus on shareholder returns that has become a hallmark of the oil majors. Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineHuawei Secretly Backs US Research, Awarding Millions in PrizesTesla Axes Supercharger Team
