Shell

Built World

Brand and license holder

A Shell station at 3554 W North Avenue in Chicago's Humboldt Park neighborhood passed its city inspection on August 31 and received a Chicago business license on September 15. The license permits food and drink preparation, fresh produce, perishable and non-perishable food, general merchandise, and CBD-infused products — the convenience-store bundle modern stations layer on top of fuel sales.

Updated Sep 25

Money Moves

Acquirer; now the owner of ARC Resources as an indirect subsidiary

Shell closed its $16.5 billion takeover of ARC Resources on September 2, giving the British oil major 370,000 barrels of oil equivalent per day from western Canada's Montney basin. ARC shareholders receive CAD $8.20 cash plus 0.40247 Shell shares for each ARC share they owned.

Updated Sep 4

Money Moves

Seller, exiting South African downstream

Shell has sold fuel in South Africa for more than a century. On July 7, 2026, it agreed to hand its entire retail and downstream network there to a state oil company from Abu Dhabi.

Updated Jul 8

Rule Changes

Announced major Gulf oil discovery in January 2026; active bidder in Trump-era lease auctions

Donald Trump's second-term energy agenda has moved from a single Gulf auction to a full-scale offshore transformation. The December 10 Gulf lease sale—81.2 million acres at a 12.5% royalty rate, generating $279.4 million—was just the opening move. By year's end, the administration had proposed a sweeping 2026-2031 leasing plan covering 1.27 billion acres off California, Florida and Alaska, and scheduled a second Gulf sale for March 11, 2026. It simultaneously halted all five major East Coast offshore wind projects, citing national security risks; Shell-INEOS's early January oil discovery south of New Orleans showed the industry's bet on deepwater Gulf prospects.

Updated May 10