Shell sells gas business in Hong Kong and Macau
A Shell logo at a petrol station. The company is offloading its LPG
Hong Kong - Arab Today
Royal Dutch Shell on Wednesday announced the sale of its liquefied petroleum gas business in Hong Kong and Macau to the Irish group DCC Energy for US$150.3 million.
"This sale supports Shell’s strategic commitment to focus downstream activities on areas where we can be most competitive," said the Shell downstream director John Abbott.
"This is one of the last of our wholly owned LPG businesses and this sale is another step in Shell’s ongoing portfolio optimisation strategy to deliver $30 billion of divestments between 2016 and 2018."
Shell stressed that Hong Kong and Macau would remain "important markets for Shell", adding that as part of the sale, the Anglo-Dutch group would enter into a long-term brand licence agreement with DCC Energy, ensuring that the Shell brand stays visible.
Source: The National
In The Swiss Alps
Five things to know about Davos
Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
GMT 00:08 2015 Wednesday ,18 February
Sony steps up in wearable space with SmartEyeglass
GMT 08:36 2017 Monday ,03 July
Merkel overshadows party ahead of September electionGMT 10:38 2011 Sunday ,29 May
Oprah Winfrey\'s farewell scores high
GMT 06:31 2015 Monday ,02 November
What if Israel's assassinated PM Rabin had lived
GMT 13:45 2017 Monday ,07 August
Sudan to form high national committee
GMT 05:23 2016 Saturday ,26 November
Germany to push G20 for structural reforms to prevent crisis
GMT 19:42 2018 Monday ,15 January
Sadat nephew will not stand in upcoming Egypt election
GMT 18:45 2017 Friday ,27 October
Yemen army advance towards Saada after clashes with Houthi militias
GMT 21:41 2017 Thursday ,12 October
Jeddah hotels turn in strong performance for September
GMT 09:24 2017 Thursday ,06 April
Zamalek’s footballer apologizes for recent losses
GMT 00:52 2011 Friday ,30 September
Mini Cooper lifts Dubai sales exec into the stratosphere
GMT 09:11 2017 Friday ,18 August
LIBBY opens first pop-up shop
GMT 10:33 2017 Wednesday ,13 December
Australia's Castle shatters rugby union glass ceiling
GMT 00:43 2017 Monday ,24 April
Egypt, US start joint naval drills in Red Sea
GMT 18:57 2017 Monday ,06 February
Iraqi forces wage psychological war with IS militants' bodiesGMT 07:04 2013 Tuesday ,21 May
Amr Diab \'controversy\' is unfairGMT 12:27 2012 Sunday ,05 February
iCloud: the essential guide
GMT 14:43 2011 Saturday ,17 December
Ford Introduces l-4 Crate Engine
GMT 08:06 2017 Tuesday ,20 June
Yasmine happy for positive reactions to her show
GMT 13:23 2016 Monday ,26 September
Sacked UK Pakistani actor sorry for India Twitter 'madness'
GMT 21:33 2017 Saturday ,09 September
Louvre Abu Dhabi step forward on path of development
GMT 22:50 2014 Thursday ,16 October
Lincoln showcases new MKC model at Gitex
GMT 18:10 2016 Thursday ,20 October
Tweets praise upholding death penalty on royal family member
GMT 03:08 2017 Monday ,20 March
Egyptian-American friendship to be formed in Cairo
GMT 20:18 2017 Saturday ,09 September
ISIS urges its followers to ‘poison supermarket foods’ in the West
GMT 18:19 2015 Friday ,20 November
Mine spill Brazil's worst environmental catastrophe
GMT 13:12 2013 Saturday ,05 October
Choosing a bedroom wardrobeGMT 23:01 2011 Friday ,07 January
Syrian poet Adonis and the power of poetry
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
