(EnergyAsia, February 21 2014, Friday) — Shell said it has sold its Australian downstream business including the Geelong refinery in Victoria state and 870 retail service stations to European trader Vitol for a total of A$2.9 billion. (US$1=A$1.11). The sale covers Shell’s bulk fuels, bitumen, chemicals and part of its lubricants businesses as well as…
AUSTRALIA: Vitol buys Shell’s downstream businesses including refinery and service stations for a total of A$2.9 billion
Posted on February 21, 2014 by EnergyAsia