British multinational oil and gas company Shell does not aim to exit SA but is disposing of its “noncore” retail business, which houses its service stations, as it turns its focus on its upstream operations, which are facing serious legal challenges from environmental groups.

Business Day understands that Shell’s top brass have informed mineral resources & energy minister Gwede Mantashe of its plans to sell its retail (downstream) business but to keep its upstream business...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.