What is Shell negotiating to sell, and to whom, according to the news?

Shell is in advanced talks with Abu Dhabi's state oil company ADNOC to sell its retail fuel stations in South Africa, in a deal likely valued at about $1 billion.

How reliable is the reported information about Shell's potential sale in South Africa?

The report originated from Bloomberg News, citing people familiar with the matter, but Reuters could not immediately verify it.

Shell in Talks with UAE's ADNOC for South Africa Fuel Outlet Sale

Apr 14, 2026

Shell is in advanced talks with ADNOC to sell its South African retail fuel stations in a deal valued at approximately $1 billion, according to Bloomberg News.

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