Shell (SHEL) stock rose 1.5% Monday morning after The Wall Street Journal reported the energy company is exploring a potential sale of its chemicals assets in Europe and the U.S. Dig deeper:

Shell is considering the sale of its chemicals assets in Europe and the US, with Morgan Stanley conducting a strategic review, reported the Wall Street Journal, citing sources with knowledge of the matter.

Shell PLC is exploring a potential sale of its chemicals assets in the US and Europe as part of a strategy to refocus the petroleum products giant on its most profitable operations, the Wall Street Journal reported.