Popular News From Popular Sites: Vitol completes purchase of Shell's Australian downstream

Wednesday, August 13, 2014

Vitol completes purchase of Shell's Australian downstream

A Shell sign is seen at a petrol station in Melbourne (Reuters) - Vitol SA [VITOLV.UL] has completed the acquisition of Royal Dutch Shell PLC's Australian downstream businesses, a statement from Vitol said on Wednesday. The acquisition led to the launch of Viva Energy Australia, which comprises of Shell's Geelong Refinery and 870 service stations, its bulk fuels, bitumen and chemicals businesses and part of its lubricants businesses in Australia plus a brand licence arrangement and a distributor arrangement for Shell Lubricants.




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