🌍 Africa 4d ago · Solomon Ekanem

$1 billion exit: Shell to hand 10% of South African fuel market to UAE's state oil company

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$1 billion exit: Shell to hand 10% of South African fuel market to UAE's state oil company
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South Africa’s energy sector is set for a historic shift as British oil major Shell enters advanced negotiations to sell its downstream assets to Abu Dhabi National Oil Company (ADNOC).





Shell is in advanced talks to sell its South African downstream assets to Abu Dha

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