The Globe and Mail reports in its Wednesday edition that Suncor is assessing its 1,800 Petro-Canada gas stations across the country, figuring out which ones to renovate and which to sell. The Globe's Emma Graney writes that Suncor's retail strategy is to transform 20 per cent of its network by the end of 2026. Activist hedge fund Elliott Investment Management two years ago launched a campaign to oust several directors at the oil giant and explore a sale of the Petrocan chain. Sources at Elliott say the fund is pleased with the improvement of Suncor's fiscal fortunes under new chief executive officer Rich Kruger, and is happy to let the retail strategy play out. The goal of that strategy is to deliver $200-million in marginal growth by 2026. It includes expanding fast-food offerings and express formats and, under a new partnership, rebranding more than 200 Canadian Tire stations to Petro-Canada. Underperforming gas stations will be sold at a rate of around 10 a year, Suncor's vice-president of downstream operations, Dave Oldreive, told analysts Tuesday. Suncor updated 23 gas stations and added four new ones to its portfolio last year, and so far in 2024, has added two more and expanded offerings at 10 locations.