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Adnoc unit targets Africa and Southeast Asia after Shell deal

By CityCalc Newsroom · Wed Jul 08 2026 · Source: AGBI

Adnoc Distribution is considering further acquisitions in Africa and Southeast Asia following a deal to buy Shell’s South African fuel retail business, a senior executive told AGBI. The group, a subsidiary of the state-backed Abu Dhabi National Oil Company, announced a $1 billio…

Adnoc Distribution is considering further acquisitions in Africa and Southeast Asia following a deal to buy Shell’s South African fuel retail business, a senior executive told AGBI. The group, a subsidiary of the state-backed Abu Dhabi National Oil Company, announced a $1 billio…

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

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