By John Donovan | 22 October 2026
Infineum, the UK-based specialty chemicals business jointly owned by Shell and ExxonMobil, is exploring a sale potentially worth $8 billion, according to a Financial Times report summarised by Reuters.
The report raises the possibility of a significant ownership change at a business that brought together the two oil majors’ additives operations more than a quarter of a century ago.
But the qualification matters: this is a reported exploration of a sale, rather than an announced agreement. Reuters explicitly said it could not immediately verify the FT’s reporting, which cited people familiar with the matter. Reuters report, reproduced by MarketScreener.
Years after the Groningen gas crisis became a national scandal, residents are still waiting for repairs, reinforcement and certainty — and regional authorities are warning that another round of bureaucracy could make matters worse.
John Donovan prompt: Which of the renowned seven sisters oil giants are still active, who are they? Please rank them in terms of most toxic history and current reputation?
