News
07 July 2026

ADNOC Distribution buys Shell fuel stations at $1bn value

In:
Oil & gas
Region:
Middle East & Africa

ADNOC Distribution has agreed to buy Shell's South African fuel-station business at a $1 billion enterprise value. The transaction gives the Abu Dhabi National Oil Co retail unit control of 580 retail stations in South Africa, as well as wholesale fuel, aviation and lubricants operations in the...

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