Sources indicate that Chevron (CVX.N) plans to complete the sale of its Singapore oil assets in the first quarter. Inex and Glencore are in final rounds of negotiations with Chevron. The sale package includes Chevron's 50% stake in a Singapore refining company, the Penjuru terminal, and retail petrol stations in Singapore. Chevron is also seeking to include its retail petrol stations in Cambodia and Malaysia in the deal.