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      Equilon Enterprises Acquires Full Ownership of Tri Star Energy

      Equilon Enterprises, a subsidiary of Shell Oil Products U.S., has finalized an agreement to increase its equity stake in Tri Star Energy from 33% to 100%. This acquisition grants Equilon full ownership of an additional 320 fuel and convenience retail sites located in Tennessee and neighboring states.

      The move is part of Shell's strategy to expand its presence in the retail fuel market, enhancing its operational footprint in the region. The acquisition is expected to streamline operations and improve service delivery across the newly acquired sites.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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