Staying Informed

Royal Dutch Shell Sells Australian Assets For $2.6B

NEW YORK (The Deal) -- Royal Dutch Shell's $15 billion asset sale continued apace Friday as the company notched its fourth sale in under two months - and its second in as many days - with the A$2.9 billion ($2.6 billion) disposal of its Australian downstream business. Dutch oil trading company Vitol Group will take over Shell's 870 Australian gas stations, a loss making refinery as well as bulk ...


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