15-12-2022 21:44 via calgary.ctvnews.ca

Shell Canada snapping up gas stations in preparation for energy transition

Shell Canada says its purchase of 56 gas stations from the parent company of Sobeys is part of Shell's long-term plan to grow its network of retail fuel stations across the country. The two companies announced Thursday that Shell will acquire the gas stations from Sobeys parent Empire Co. Ltd. for about $100 million. Kent Martin of Shell Canada says Shell is aggressively growing its retail fuel network worldwide. He says the company knows gasoline demand will decline over the long-term in favour
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