Shell agrees to sell Russian retail and lubricants business to Lukoil
Shell is selling part of its Russian assets to Lukoil, the country’s second-largest oil producer. In Torzhok, the sale will contain 411 retail gas stations and a lubricant blending factory. The financial parameters of the purchase, which is anticipated to close later this year, were not disclosed. Shell said on March 8 that it would … Read more
