Shell, HYDRA SUBSEA sign agreement for subsea tie-in pipeline installation

Shell received exemptive relief from Canadian regulators to use its American reporting framework for oil and gas disclosures, following its $16.5B acquisition of ARC Resources. The exemption applies to specific Canadian reporting requirements, with conditions to file relevant disclosures in Canada. Shell's 2004 reserves scandal involved overstating 4.47B barrels of oil equivalent.

Shell SHEL has agreed to sell its French fuel stations and related transport services to DCC Energy, according to Reuters. The deal, expected to close in Q2 2027, includes around 70 sites and eight LNG installations. DCC Energy will operate the stations under a Shell brand license, but will source fuel independently.

Shell plans to sell its French retail business, including 60 petrol stations, to DCC Energy. The move aims to streamline operations and focus on core markets. Shell's French operations generated $127.5M in 2025 operating profit, according to Les Echos. DCC Energy is reportedly the buyer, per Reuters.

Shell has agreed to sell its French fuel station network and related services to DCC Energy, covering 70 sites and eight LNG installations. The deal, pending employee consultation, is expected to close in Q2 2027. DCC will operate the stations under a Shell brand license, with fuel sourced independently. The transaction value is undisclosed.

Shell has agreed to sell its French fuel stations and related services to DCC Energy, with completion expected in Q2 2027. The deal includes 70 sites and 8 LNG installations, but excludes Shell's core fuel supply operations. Shell's marketing unit reported $1.3B in adjusted earnings in Q2 2023. Shell declined further comment.

Shell has agreed to sell its French mobility business to DCC Energy, with completion expected in Q2 2027. The deal includes 70 sites and 8 LNG installations, but the value is undisclosed. Shell's marketing unit reported $1.3B in Q2 earnings, up from $1.2B a year earlier.