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Adnoc closes in on deal for Shell’s South African petrol stations

By CityCalc Newsroom · Tue Jun 30 2026 · Source: AGBI

British energy company Shell is reportedly close to selling its fuel stations in South Africa to a unit of the Abu Dhabi National Oil Company. Adnoc Distribution and Shell are likely to announce the $1 billion deal in the coming days, according to a Bloomberg report that qu…

British energy company Shell is reportedly close to selling its fuel stations in South Africa to a unit of the Abu Dhabi National Oil Company. Adnoc Distribution and Shell are likely to announce the $1 billion deal in the coming days, according to a Bloomberg report that qu…

Curated by CityCalc from AGBI. Read the full article at the source.

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