So, foreign companies leaving SA is a depressing indicator, but you know, in Shell’s case, I am perfectly happy for it to head on outta here.
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After the Bell: Does SA’s slow embrace of EVs explain Shell’s departure?Shell announced a few months ago that it planned to divest from 1,000 service stations in 2024 and 2025 in a pivot to electric vehicle charging options.
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Nigeria: Joint Letter Regarding Shell's Sale of the Shell Petroleum Development Company in NigeriaPress Release - The following joint letter, signed by 40 Nigerian and international non-governmental organisations, urges the Nigerian Upstream Petroleum Regulatory Commission to refuse regulatory approval for Shell plc's proposed sale of all of its shares in it's Nigerian operation, the Shell Petroleum Development Company, to Renaissance African...
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Calls to Halt Shell's Nigeria Oil Sale Over Pollution FearsThe proposed sale of Shell's onshore oil business in the Niger Delta region of southern Nigeria to Renaissance Africa Energy raises serious concerns about worsening human rights abuses and environmental damage, according to a coalition of 40 civil society organizations, including Amnesty International.
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Activists Call on Nigerian Government to Halt Shell's Sale of Niger Delta OperationsEnvironmental and human rights activists are urging the Nigerian government to block Shell's plans to sell its operations in the Niger Delta unless the company takes more action to address pollution in the region.
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Shell exit: DA says ‘doomsday coalition’ will see ‘mass exodus’ of foreign investorsShell’s pending departure from South Africa essentially means the sale of its downstream assets of the almost 600 service stations or forecourts it operates in the country.
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Shell’s exit from South Africa not a result of ANC-led government failuresThe Shell brand will likely not disappear, however. This has been the case wherever the oil major has divested.
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