Arab giant taking over 600 petrol stations in South Africa for R16 billion

[BusinessTech]

Arab giant taking over 600 petrol stations in South Africa for R16 billion

Abu Dhabi’s biggest oil company is close to sealing a deal worth about $1 billion (R16.3 billion) to acquire almost 600 petrol stations in South Africa.

 

[Brian_G]

Abu Dhabi’s biggest oil company is close to sealing a deal worth about $1 billion (R16.3 billion) to acquire Shell’s South African fuel retail business, giving the Middle Eastern energy giant control of nearly 600 petrol stations across the country.

Bloomberg reported that Shell and the retail arm of Abu Dhabi National Oil Company (Adnoc) are preparing to announce the agreement within days.

 

[FiestaST]

 

[FiestaST]

https://twitter.com/x/status/2074376300190367817

 

[Decarin]

As long as the branding remains Shell, I don't think people will mind. Or even notice.

 

[hellfire]

https://twitter.com/x/status/2074376300190367817

lol - "Capture Value" is all PetroSA would do

 

[hellfire]

As long as the branding remains Shell, I don't think people will mind. Or even notice.

Have people objected to the rebranding of Caltex to Astron?

 

[William1102]

If only we could pay the same for petrol and diesel...

ADNOC:
Petrol 95: AED 3.29 per litre (R15.04 per litre(
Diesel: AED 3.60 per litre (R15.94 per litre)

 

[WollieVerstege]

Have people objected to the rebranding of Caltex to Astron?

The name, no. But who ever decided on that orange and purple colour scheme should be shot.