As part of its energy transition strategy, energy giant Shell (SHEL) plans to shed some of its retail locations, including gasoline stations, to focus more on EV charging sites. "We are upgrading our ...

The gas station and convenience store sector faced financial distress in 2024 that has led to bankruptcy filings, store closings, and divestitures. Giant gas station operator Shell plc in March got ...

Shell plans to eliminate 1,000 retail gasoline stations over the next two years, saying the divested locations around the world will be Shell-owned or joint-venture outlets. The move comes as the ...