Shell intends to sell its French petrol stations, Les Echos reports
Shell's Plans to Divest French Petrol Stations
Overview of the Intended Sale
PARIS, May 12 (Reuters) - London-listed oil major Shell intends to sell its French petrol stations, Les Echos newspaper reported on Tuesday, citing documents the company shared with employees and suppliers.
Details of Shell's French Petrol Station Operations
The company has around 60 petrol stations on French highways, operated by other companies, to which the oil company supplies fuel and provides other services for a fee, according to the report.
Financial Performance and Transaction Timeline
The business booked an operating profit of 108.5 million euros ($127.5 million) in 2025, the report added.
The company told workers' representatives it expects to find a buyer in the third quarter and finalise a transaction in early 2027, Les Echos reported.
Additional Information
Shell declined to comment for this article.
($1 = 0.8508 euros)
(Reporting by Inti Landauro. Additional reporting by Stephanie Kelly. Editing by Rashmi Aich and Mark Potter)
