What is the reported value and strategic purpose of Shell's planned divestment of its U.S. chemicals assets?

Shell is reportedly looking to divest its U.S. chemicals assets, potentially worth up to $8 billion, to refocus on its core oil and gas business. This move is part of a broader strategy by CEO Wael Sawan to streamline its portfolio, reduce costs, and prioritize investments with stronger strategic potential and higher returns.

Which companies have expressed interest in acquiring Shell's U.S. chemicals assets?

Major industry players like ExxonMobil and LyondellBasell, along with private equity firms, have expressed interest in Shell's U.S. chemicals assets.

Shell's $8B Chemicals Exit Signals a Sharper Oil and Gas Focus

Aug 25, 2026

Shell intends to divest up to $8 billion in U.S. chemicals assets to prioritize its oil and gas core business, attracting interest from major players like LyondellBasell and ExxonMobil.

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2026-08-25

Shell's $8B Chemicals Exit Signals a Sharper Oil and Gas Focus

Shell's $8B Chemicals Exit Signals a Sharper Oil and Gas Focus

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