Shell draws Exxon interest in $8bn US chemical assets sale

Shell's plan to sell $8 billion worth of underperforming US chemical assets has piqued interest from Exxon and LyondellBasell. This strategic move aims to streamline Shell's portfolio by divesting non-core chemical operations and refocusing on its oil and gas business. The potential sale highlights the shifting dynamics within the energy sector as companies look to optimize their operations and adapt to market demands. This development could signal a broader trend in the industry towards consolidating and streamlining operations for better efficiency and profitability.