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Market Chatter: Shell Looks to Divest French Petrol Stations

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Shell (SHEL.L, SHELL.AS) plans to sell its petrol stations in France, local financial newspaper Les Echos reported Monday, citing documents shared by the company with employees and suppliers.

The sale of the London-listed energy giant's 60 stations, which are operated by other companies, could take place in 2027, according to the report.

Shell did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Update: Market Chatter: Shell Plans Sale of French Gas Station Network

(Updates with Shell response in the third paragraph.)Shell (SHEL) plans to divest its gas station network in France, according to a Google translation of a Monday report from French newspaper Les Echos.The oil major has informed employees and suppliers of the planned sale, with a buyer expected to be identified in Q3 and the deal potentially closing in early 2027, Reuters said, citing Les Echos.Shell declined to comment when reached by.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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