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Posts on ‘April 25th, 2018’

Argentina sale brings in $950m for Shell

Shell said that it was selling its downstream business in ­Argentina, which includes 645 petrol stationsMARCOS BRINDICCI/REUTERS

Emily Gosden: April 25. 2018

Royal Dutch Shell has agreed to offload its refining and marketing business in Argentina to its Brazilian joint venture for $950 million.

In the latest stage of a $30 billion divestment programme, the Anglo-Dutch energy group said that it was selling its downstream business in Argentina, which includes a refinery in Buenos Aires, 645 petrol stations and operations selling liquefied petroleum gas, marine and aviation fuels. read more

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