Shell has confirmed that it has stopped exploring a biofuels unit and a Group II base oil plant in Singapore. Although Shell will no longer pursue these particular projects, the company noted that it will maintain a presence in the region. Shell told Reuters, "We can confirm that we are stopping the exploration of two projects – a biofuels unit and a Group II base oil plant in Singapore," adding, "We will continue supplying base oil and lubricants, as well as biofuels, to our customers in Singapore and the region." In late 2021, Shell…
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