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Dutch oil major Royal Dutch Shell is planning to snap up a major stake in a petrochemical businesses, according to anonymous sources cited by Reuters

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By Julianne Geiger – Aug 13, 2020, 10:30 AM CDTDutch oil major Royal Dutch Shell is planning to snap up a major stake in a petrochemical businesses, according to anonymous sources cited by Reuters.
According to the source, Shell signed a memorandum of understanding to pick up a 50% stake in India-based Nayara Energy’s petrochem project.
Nayara Energy Limited (formerly Essar Oil Limited), which also runs India’s second-larges…
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