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Shell Canada Snapping Up Gas Stations In Preparation for Green Energy Transition

16 Dec 2022 | Abstracted from Global News

"Shell's acquisition of 56 Empire-owned gas stations in Western Canada, for about $100 million in cash.

"The company believes it can hedge against those losses by not only preparing to someday offer motorists hydrogen-based and renewable fuel products, but also by enhancing its convenience store offerings so that drivers who stop to charge their EVs will spend more on food and other items...

"the company has a strong sense of what the fuel station of the future will look like."



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