Saudi Aramco in Talks to Buy Shell Gas Stations in Malaysia ...Middle East

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Saudi Aramco in Talks to Buy Shell Gas Stations in Malaysia
source : OILPRICE ( Middle East ) () 49
Four unnamed sources have told Reuters that Saudi state-run oil giant Aramco is in talks to potentially acquire Shell’s billion-dollar gas station business in Malaysia, where the Dutch supergiant owns a network of nearly 1,000 fuel stations.  Neither Shell nor Aramco would comment on the rumor of the talks for Reuters; however, one source told the news agency that talks began late last year and could be finalized in a matter of months.  A second source told Reuters that the deal could be worth over $1 billion.  While Shell…

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