Shell expands U.S. fuel presence

Shell, the British oil and gas refining company, has strengthened its presence in the American fuel market through its complete acquisition of TripStar Energy, an American company. The deal includes the purchase of approximately 320 gas stations and retail stores in Tennessee and neighboring states, as well as agreements to supply fuel to an additional 552 locations. Shell previously held a 33% stake in TripStar, and the transaction is expected to be finalized by the end of 2026. The move aims to expand its retail fuel business and bolster its market presence in the United States, aligning with its strategy to reshape its portfolio and focus on activities with clear returns.

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