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UAE's ADNOC Pursues $1 Billion Acquisition of Shell's South African Assets
The Abu Dhabi National Oil Company (ADNOC) is in advanced discussions to acquire Shell's downstream assets in South Africa, including 600 petrol stations. This potential $1 billion deal could significantly reshape South Africa's fuel retail sector and deepen Gulf investment ties.
20 Apr, 08:04 — 20 Apr, 08:04
