What is the reported value and scope of Shell's potential sale of fuel stations in South Africa?

The deal is valued at about $1 billion and would transfer control of approximately 600 retail fuel outlets — roughly 10% of South Africa’s fuel station market — to a unit of Abu Dhabi National Oil Co. (Adnoc).

Why is Shell selling its South African fuel stations, and who emerged as the preferred buyer after earlier negotiations failed?

Shell is selling the stations as part of its broader strategy to divest non-core assets and focus on long-term oil and gas production assets, such as those in Canada; Adnoc Distribution emerged as the preferred bidder after talks with Gunvor Group fell through earlier this year.

Shell Nears $1 Billion South Africa Fuel Stations Sale to Adnoc Unit

Jun 30, 2026

Shell Plc is nearing a $1 billion sale of its South African fuel stations to Abu Dhabi National Oil Co., granting control over 600 outlets. This deal supports Adnoc's global expansion while aligning with Shell's strategy to divest non-core assets.

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