Shell has officially exited its power generation, trading, and marketing businesses in China as of the end of 2023. The decision is part of Shell's strategic refocus to enhance profitability and investment efficiency. The company plans to continue investing in the power sector, albeit selectively.
Shell exits China power market businesses https://t.co/HyCtCSIkK9
Shell Exited #China Power Business Amid Push to Boost Returns Company left the Asian nation’s power market at end of 2023 Shell says it will continue to invest in power ‘selectively’ https://t.co/tSJU8uwf0n
Shell exits #China power market businesses https://t.co/QynV1wsxF9
Shell exits China power market businesses https://t.co/SMsOc4K3Sz https://t.co/GLR2nzDyyK
Shell exited its power business in China at the end of last year as the company continues to refocus its investments in a bid to drive up profitability https://t.co/hJlulsvi1d
SHELL HAS DECIDED TO EXIT CHINA'S POWER GENERATION, TRADING AND MARKETING BUSINESSES -STATEMENT