Shell said on Monday there was no impact to operations after an oil leak over the weekend from a land-based pipeline at Shell Energy and Chemicals Park Singapore on Bukom island, adding that the leak had been stopped.
"We estimate that approximately 30-40 metric tonnes of slop, which is a mixture of oil and water, was leaked into the sea," the company said in a statement, adding that it was working with all relevant authorities to manage the clean-up effort.
"There is no impact to Bukom operations or supply. The leak has been stopped and we are taking steps to clean up the oil which has spilled," a Shell spokesperson said in an email.
Shell Singapore in August shut down one crude distillation unit (CDU) and other facilities at its refinery in Bukom for a scheduled overhaul. The maintenance was expected to end in the first half of October.
The company sold its refinery and petrochemical plants in Singapore to a joint venture company between Indonesia petrochemicals producer Chandra Asri and major trading house Glencore GLEN.L in early May. The transaction is expected to be completed by the end of 2024.
Earlier this year, beaches on Singapore's Sentosa island were closed after an oil spill spread from a nearby shipping terminal to the tourist haven south of the city-state.
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties.
Shares in online fast-fashion retailer Shein have fell 8 per cent in their first day of Hong Kong trade on Tuesday, with investors worried about the impact of setbacks that long delayed its listing and have undermined its competitive advantages.
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