eNCA·3 min read·medium
Shell offloads SA downstream business to Abu Dhabi
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eNCA
✦AI Summary
Shell has agreed to sell its South African downstream business, including 580 fuel stations, to the Abu Dhabi National Oil Company for $1 billion. The move aligns with Shell's strategy to focus on key markets amid production challenges caused by the Middle East conflict.
The Shell logo is pictured at a Shell petrol station in Wrotham Heath, south-east England on May 7, 2026.
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