Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Shell to Sell Off Australian Downstream Business in Multi-Billion Dollar Deal

The Vitol Group Shell plc
AnnouncedFeb 21, 2014
TypeCorporate
Announced Date
February 21,2014
Transaction Type
Corporate




Snapshot
Location
Region
Austral-Asia

Country
Australia


Transaction Details:  Subscribe to see

Shell has reached a binding agreement to sell its Australia downstream businesses (excluding Aviation) to Vitol for a total transaction value of approximately A$2.9 billion (US$2.6 billion).

The sale covers Shell's Geelong Refinery and 870-site retail business - along with its bulk fuels, bitumen, chemicals and part of its lubricants businesses in Australia. It also includes a brand license arrangement and an exclusive distributor arrangement in Australia for Shell Lubricants. It does not include the Aviation business, which will remain with Shell Group, or the lube oil blending and grease…

Other Austral-Asia Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Dec-08-2021 - - Click here   E&P
Oct-14-2020 - - Click here   E&P
Dec-18-2019 - - Click here   E&P
Oct-14-2019 - - Click here   E&P
Oct-01-2018 - - Click here   E&P

Other Australia Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Mar-10-2026 - - Click here Texas  E&P
Feb-26-2026 - - Click here   E&P
Feb-18-2026 - - Click here Texas  E&P
Feb-17-2026 - - Click here Oklahoma  E&P
Feb-02-2026 - - Click here   E&P