Marine Link
Friday, October 28, 2016

Shell Considering Sale of Downstream Businesses in Italy

April 15, 2013

Photo: Shell

Photo: Shell

Shell announced it is considering the sale of its Retail, Aviation and Supply and Distribution Downstream businesses in Italy.

Shell’s non-service station Lubricants and Marine businesses are not part of this announcement. This announcement also has no impact on the Upstream and Gas and Power businesses in Italy. These businesses present strong growth opportunities for the company in Italy.

The potential sale is consistent with Shell’s strategy to concentrate its global Downstream businesses where it can be most competitive. Recent examples include the sale of refineries in the U.K. and Germany and Downstream businesses in Finland and Sweden as well as the establishment of joint ventures in Brazil and across Africa.

Italy remains an important country for Shell.

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News