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Eneos to buy Chevron's 50% interest in Singapore Refining Company.
Chevron agreed to sell its 50% stake in Singapore Refining Company to Eneos for $2.2 billion.
KEY POINTS
- Eneos will acquire additional Chevron assets in Southeast Asia and Australia as part of the deal.
- Chevron's sale aligns with its strategy to streamline global assets and reduce operational costs.
- Eneos is expanding internationally, including a 10% stake in Malaysia's LNG Tiga joint venture with Petronas.
COMPANIES
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