Shell to Sell 60+ French Petrol Stations, Seeks Buyer by Q3 2025
Shell’s Plans to Exit French Petrol Station Market
Overview of the 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.
Scope of Operations in France
The company has 60-odd 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
The business booked an operating profit of 108.5 million euros ($127.53 million) in 2025, the report added.
Timeline and Transaction Details
Expected Buyer Search and Deal Finalization
The company told workers' representatives it expects to find a buyer in the third quarter and finalize a transaction in early 2027, Les Echos reported.
Shell’s Response
Shell spokespeople in Paris and London did not immediately respond to Reuters' requests for comment.
Currency Exchange Rate
($1 = 0.8508 euros)
Reporting Credits
(Reporting by Inti Landauro; Editing by Rashmi Aich)
