OVERVIEW
A 50-50 joint venture between Chevron and Singapore Petroleum Company (SPC, a PetroChina subsidiary), operating a refinery at 1 Merlimau Road, Jurong Island with crude processing capacity of about 290,000 b/d -- one of Singapore's three major refineries alongside ExxonMobil's Jurong Island complex and the former Shell (now Aster) Bukom refinery. In May 2026, Japan's ENEOS Holdings agreed to acquire Chevron's 50% stake (part of a $2.2bn Southeast Asia/Australia downstream package); as of this entry's verification date the deal has NOT yet closed (expected 2027) -- current ownership remains Chevron/SPC 50-50.
SPECIFICATIONS
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NEWS & HISTORY
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VERIFICATION
Source: Singapore Refining Company 공식 홈페이지 — 지분매각 진행상황은 OilPrice.com 교차확인
Last verified: 2026-08-23
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