Shell confirms plan to divest from SA downstream operations petek, July 14, 2024 “Shell has decided to reshape the Downstream portfolio and intends to divest our shareholding in Shell Downstream South Africa (SDSA),” the oil giant said in a statement in response to Daily Maverick‘s queries. It said this decision was taken in the wake of a comprehensive review of “…the Downstream and Renewables businesses across all regions and markets in line with Shell’s focus on performance, discipline, and simplification”. This confirms weekend reports in City Press and Sunday Times that Shell planned to exit South Africa. Shell provided no comment on the reports that it was also locked in a row … Continue Reading