London-listed oil major Shell (SHEL.L) intends to sell its French petrol stations, Les Echos newspaper reported on Tuesday, citing documents the company shared with employees and suppliers.
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.
The business booked an operating profit of 108.5 million euros ($127.53 million) in 2025, the report added.
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 spokespeople in Paris and London did not immediately respond to Reuters' requests for comment.
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