Energy giant Chevron Corporation announced a definitive agreement this week to sell a significant portion of its refining and retail assets in the Asia-Pacific region to Japanese petroleum conglomerate Eneos Holdings for $2.17 billion. The transaction, confirmed by both companies on Tuesday, marks a strategic shift for the U.S.-based oil major as it looks to…
Expanding Access to the Bullion Market The Multi Commodity Exchange of India (MCX) announced a significant policy shift this week, relaxing Bureau of Indian Standards (BIS) licensing requirements for domestic silver refiners. By amending its ‘good delivery’ norms, the exchange aims to increase the number of Indian players eligible to supply silver to its trading…
Chevron Corporation announced this week that it has entered into a definitive agreement to sell a significant portion of its Asia-Pacific refining and retail assets to Japanese energy giant Eneos Holdings for $2.17 billion. The transaction, finalized in late October, marks a strategic pivot for the U.S. energy major as it seeks to reduce its…
