New owner set to take over hundreds of petrol stations across South Africa

Johannesburg – Abu Dhabi National Oil Company (ADNOC) Distribution has partnered with South African investment company Reatile Group as it moves closer to taking control of Shell’s downstream business in South Africa in a deal valued at about $1 billion (roughly R16 billion). The agreement will give ADNOC access to Shell Downstream South Africa (SDSA), which includes a network of... Read more →…