27 June 202322 June 2023 Production assets may be up for sale, repurposing, or closure as the oil major targets net zero by 2050 As Shell proceeds with its Energy Transition initiative that will see it become more of a natural gas giant than an oil major, its petrochemical assets in Singapore have come under the spotlight, with talk of divestiture, “repurposing,” or even closure if a suitable buyer or buyers cannot be found