Oil and gas giant Shell is considering a potential sale of its chemicals assets in both Europe and the U.S.—including its Deer Park facility in Houston, according to a new report. The oil and natural gas company is working with bankers on a review of all of its chemical operations,

(Reuters) - Shell is considering a potential sale of its chemicals assets in Europe and the United States, the Wall Street Journal reported on Sunday, citing sources familiar with the matter. The energy group has hired Morgan Stanley to conduct a strategic review of its chemicals operations, the report said.

Shell is considering a possible sale of its chemicals assets in the U.S. and Europe, The Wall Street Journal reported Sunday, citing people familiar with the matter. The Journal reported the effort is part of an ongoing push to refocus the business on its most profitable segments,