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Shell Oil Products US signed an agreement on September 1 to raise its stake in Tri Star Energy from 33% to 100%. Nashville-based Tri Star operates convenience stores and distributes fuel across the southeastern United States.

The acquisition would add 320 company-owned fuel and retail sites in Tennessee and nearby states, plus supply agreements with 552 dealer-owned locations. Shell expects completion by the end of 2026, subject to regulatory clearance; the September release announced an agreement, not a completed deal.