It's the same strategy other major fuel retailers are banking on. 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. Martin said Shell is forecasting gasoline demand will decline over the long term in favour of cleaner-burning fuels and electric vehicles. “We are expanding our footprint, and that not only allows us to meet the needs of customers and motorists in Canada today, but also gives us a great opportunity to expand additional fuel offerings and low-carbon fuel offerings in the future in these locations,” he said. Martin said the deal aligns with Shell plc's global push to expand its retail fuel network in preparation for the coming energy transition. announced Thursday Shell's acquisition of 56 Empire-owned gas stations in Western Canada, for about $100 million in cash. Shell Canada and Sobeys parent Empire Co. “If there's other sites and other networks that are a good fit not only for the Shell mobility business but our integrated business, we certainly are looking at those.” ![]() “We're always looking,” said Kent Martin, general manager of mobility for the Canadian subsidiary of British energy giant Shell plc, in an interview. ![]() ![]() After announcing its purchase of 56 gas stations from the parent company of Sobeys Thursday, Shell Canada is on the lookout for other potential acquisitions as it seeks to grow its retail fuel footprint across the country.
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