One-Page Deal Sheet
Shell to Sell Off Australian Downstream Business in Multi-Billion Dollar Deal
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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$2.6 billion).
The sale covers Shell's Geelong Refinery and 870-site retail business - along with its bulk fuels, bitumen, chemicals and part of its lubricants businesses in Australia. It also includes a brand license arrangement and an exclusive distributor arrangement in Australia for Shell Lubricants. It does not include the Aviation business, which will remain with Shell Group, or the lube oil blending and grease…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
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| Dec-08-2021 |
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| Oct-14-2020 |
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| Dec-18-2019 |
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| Oct-14-2019 |
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| Oct-01-2018 |
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| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-10-2026 |
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| Feb-26-2026 |
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| Feb-18-2026 |
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| Feb-17-2026 |
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| Feb-02-2026 |
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