By 
The move forms part of the giant’s programme to exit many of its downstream businesses
28 November 2024 – 05:00
by Michelle Gumede
Shell Downstream SA chair Aluwani Museisi says the proposed sale of its noncore retail business has piqued interest from a plethora of possible bidders wanting to snap up the strategically located assets.
After a comprehensive review of the downstream and renewables businesses across all regions in May, the British multinational oil and gas company announced it was disposing of its “noncore” retail business, (https://www.businesslive.co.za/bd/companies/energy/2024-05-06-shell-to-keep-upstream-operations-in-sa-but-quits-forecourts/) which houses its service stations, and turning its focus to its upstream operations — which are facing serious legal challenges from environmental groups…
Comments