Shell plc: Difference between revisions

Revision as of 05:49, 19 June 2025

Revision as of 08:34, 19 June 2025

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Shell Downstream SA (SDSA) was created through a merger of Shell South Africa and [[BBBEE]] company Thebe Investment Corporation. The South African [[Department of Mineral Resources and Energy]] granted Shell exploration rights in the country, and it has been operating in South Africa since 1902.<ref name= "What will happen to Shell petrol stations in South Africa">{{cite web|url= https://businesstech.co.za/news/business/771037/what-will-happen-to-shell-petrol-stations-in-south-africa/ |title= What will happen to Shell petrol stations in South Africa |author= Staff Writer |publisher= BusinessTech |date= |access-date= 29 April 2025 }}</ref>

Shell has 591 retail outlets in South Africa - one of the company's largest markets. This makes it the third-largest gas retailer in South Africa, after [[Engen Petroleum|Engen]] and [[Astron Energy]]. It also operates explorative and extractive activities in the [[Karoo]] and off the [[Wild Coast Region, Eastern Cape|Wild Coast]].

The company also owns an oil refinery in [[Durban]], which has been closed since the end of March 2022. On 6 May 2024, Shell indicated its intent to exit the South African downstream market. This includes its refining, transport, and retail offerings. It is as yet unknown what will happen to its gas stations.<ref name= "Shell kisses South African service stations and refinery goodbye">{{cite web|url= https://businesstech.co.za/news/energy/773706/shell-kisses-south-african-service-stations-and-refinery-goodbye/ |title= Shell kisses South African service stations and refinery goodbye |author= Staff Writer |publisher= BusinessTech |date= 27 May 2024 |access-date= 29 April 2025 }}</ref>