Shell in $2.6bn Australia asset sale

Oil giant Royal Dutch Shell has agreed to sell its Australian downstream trade to oil buying and selling firm Vitol for $2.6bn (£1.6bn). The sale includes Shell’s refinery in Geelong, 870 provider stations, its bulk fuels and chemical compounds unit and part of its lubricants trade. on the other hand, Shell’s aviation business is excluded […]



from Africa Punch http://ift.tt/1fu7OlO

via IFTTThttp://ift.tt/1fu7OlO