The transaction is expected to be completed by the end of 2024.: SINGAPORE - Oil giant Shell has agreed to sell its energy and chemicals park on Singapore’s Pulau Bukom and Jurong Island to a joint venture comprising Indonesia’s Chandra Asri Capital and global commodities trader Glencore. The sale of Shell’s refining facilities to CAPGC, including Singapore’s first oil refinery built in 1961, comes after the London-listed company placed the assets under a strategic review in 2023 to boost its overall profitability and lower its carbon footprint worldwide.