As part of its energy transition strategy, energy giant Shell (SHEL) plans to shed some of its retail locations, including gasoline stations, to focus more on EV charging sites. “We are upgrading our ...

A company owned by oil and gas giant Shell has been slapped with a fine by the energy regulator Ofgem. An investigation by Ofgem opened in July 2020, found a number of breaches, including outsourcing ...

Shell Plc plans to divest 500 retail sites annually over the next two years, responding to a growing demand for electric vehicle chargers. “We are upgrading our retail network, with expanded electric ...

Shell plans to eliminate 1,000 retail gasoline stations over the next two years, saying the divested locations around the world will be Shell-owned or joint-venture outlets. The move comes as the ...

Shell, the world’s second-largest fossil fuel explorer, currently operates over 46,000 retail locations globally, predominantly gas stations. By the end of 2025, it plans to close 1,000 of them, which ...

Shell is looking to bail on its energy retail business across multiple countries amid “tough market conditions,” the company said on Thursday. The tough market conditions likely refer to higher ...