Shell is preparing to sell its entire network of petrol stations in France, according to a report from French news outlet Les Échos. The company is seeking a buyer for its portfolio of around 60 service stations, with a deal expected to be agreed by the third quarter of 2026 and completed in early 2027.
The assets, which generated operating profits of roughly US$127.5m in 2025, might appear modest within Shell’s global portfolio, yet they remain a profitable foothold in a competitive downstream market.
Crucially, Shell does not directly own these sites, instead operating through concession agreements with motorway operators including Vinci, Cofiroute and ASF. That structure has long limited control while tying the business to fixed-term contracts and periodic competitive tenders.
Full story Shell (SHEL) Reportedly Exploring Sale of French Motorway Petrol Station Network
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