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Japan’s Eneos leads bid to buy Chevron’s Singapore refinery stake in $1B deal nearing completion.
Japan’s Eneos is reportedly leading a group of bidders for Chevron’s stake in Singapore’s Singapore Refining Company, a major 290,000 barrels-per-day refinery on Jurong Island, with the deal nearing completion.
The transaction, valued at around $1 billion, reflects growing interest in strategic energy assets in Southeast Asia amid shifting global energy dynamics.
While Eneos, Japan’s largest oil refiner, is seen as a top contender, the final outcome remains pending as Chevron evaluates offers.
Neither Eneos nor Chevron has commented publicly, and the deal is subject to regulatory approvals and potential delays.
The refinery is a key player in Singapore’s status as a global refining and petrochemical hub.
La japonesa Eneos lidera la oferta para comprar la participación de la refinería de Chevron en Singapur en un acuerdo de $ 1 mil millones que se acerca a su finalización.