The acquisition advances Shell's Powering Progress strategy by strengthening our Mobility footprint to meet the evolving needs of customers in one of our core global markets. By expanding the Shell brand in key cities across the country, more Canadians can enjoy the premium products and high-quality offers we are known for, including V-Power Nitro+, Shell Go+, and AIR MILES Reward Miles.

“Today’s announcement supports Shell Canada’s ambitions for continued growth and to be leaders through the energy transition” said Kent Martin, GM Shell Canada Mobility. “These 56 locations will provide opportunities to offer customers expanded fueling options (including Shell Recharge electric vehicle charging, hydrogen & lower-carbon premium fuels) and enable growth of non-fuel sales through an enhanced convenience retail offering.”

Subject to regulatory clearance and the satisfaction of closing conditions, the deal is expected to be completed in mid-2023, at which time these stations will be owned and operated by CMS and converted to the Shell brand.

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Alberta Shales

We produce light tight oil (LTO) from the Montney shale formation in northwestern Alberta in Gold Creek. On February 17, 2021, Shell announced the sale of our Duvernay assets to Crescent Point Energy Corp.

Groundbirch

The Shell Groundbirch asset is located in Northeast British Columbia, Canada.