BRUNCH
·
SUBSCRIBERS

Jurong Island: In search of a new miracle

With net zero on the horizon and Shell mulling an exit, the industry powerhouse is struggling to retain its competitive advantages. But why struggle when it can bet big, like it once did?

Wong Pei Ting
Published Fri, Apr 5, 2024 · 04:00 PM

WORD has it that where Big Oil produces, dozens follow. It almost never happens that the oil giants would choose to coexist their refineries in one place, but when they do, magic happens. 

Each supermajor draws its village of large chemical producers, and these villages will most certainly spark a chain reaction of investments – from gas suppliers and storage operators to utility and logistics players, all wanting a piece of the action.

READ MORE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Opinion & Features

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here