Shell Plc
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Shell is a global energy company with around 87,000 employees in more than 70 countries. We work together to power progress through more and cleaner energy solutions. We serve more than 30 million customers at almost 46,000 retail service stations every day.
Our strategy is to accelerate the transition of our business to net-zero emissions, purposefully and profitably.
Editor's note: Updated Jan. 21, 2022.
Transactions
Shell to Acquire RNG Producer Nature Energy in Nearly $2 Billion Deal
Shell to Acquire RNG Producer Nature Energy in Nearly $2 Billion Deal
Shell USA to Acquire Midstream MLP in $1.96 Billion Buyout
Shell USA to Acquire Midstream MLP in $1.96 Billion Buyout
Exxon Mobil, Shell Divest Large California Oil Producer Aera Energy
Exxon Mobil, Shell Divest Large California Oil Producer Aera Energy
Shell Buys Operating Stake in Equinor’s North Platte in US Gulf of Mexico
Shell Buys Operating Stake in Equinor’s North Platte in US Gulf of Mexico
Shell Buys Renewables Firm Sprng Energy for $1.55 Billion
Shell Buys Renewables Firm Sprng Energy for $1.55 Billion
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New Financings
Commenced the second tranche of its $8.5 billion of share buybacks previously announced on Feb. 3. In the…
The company completed the first and second tranches respectively of its share buyback program. In…
Royal Dutch Shell plc announced the commencement of trading in the second tranche of its share buyback…
Shell's CEO Ben van Beurden said the company is taking steps towards the delivery of our world-class…
Hired Barclays Plc to help arrange short-term bridge loan equal to 10 billion British pounds to help fund…
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News
ConocoPhillips to Sell Interests in GoM Assets to Shell for $735MM
ConocoPhillips is selling to Shell its interests in the offshore Ursa and Europa fields in the Gulf of Mexico for $735 million.
Commercial Operations at Calcasieu Pass LNG to Begin in April
Venture Global started selling LNG at the plant in 2022, angering its long-term customers.
Digital Twins ‘Fad’ Takes on New Life as Tool to Advance Long-Term Goals
As top E&P players such as BP, Chevron and Shell adopt the use of digital twins, the technology has gone from what engineers thought of as a ‘fad’ to a useful tool to solve business problems and hit long-term goals.
E&P Highlights: Feb. 10, 2025
Here’s a roundup of the latest E&P headlines, from a Beetaloo well stimulated in Australia to new oil production in China.
Shell Completes Deal to Buy Power Plant in Rhode Island
Shell has completed its previously announced acquisition to buy a 609-megawatt combined cycle gas turbine power plant in Rhode Island from RISEC Holdings.
Shell Adds Two Members to Executive Committee
Shell has named Andrew Smith and Machteld de Haan as members of its executive committee, effective April. 1.
Major Interest: Chevron, Shell Join Vaca Muerta Crude Pipe Project
Oil producers are pumping record levels from Argentina’s Vaca Muerta shale. Chevron and Shell have backed a new crude pipeline project that aims to boost takeaway capacity—and exports—of Vaca Muerta oil.
E&P Highlights: Jan. 13, 2025
Here’s a roundup of the latest E&P headlines, including Chevron starting production from a platform in the Gulf of Mexico and several new products for pipelines.
Biofuels Sector Unsatisfied with Clean Fuels Credit Guidance
The Treasury Department released guidance clarifying eligibility for the 45Z credit and which fuels are eligible, but holes remain.
Production Begins at Shell’s GoM Whale Facility
Shell’s Whale floating production facility in the Gulf of Mexico has reached first oil less than eight years after the field’s discovery of 480 MMboe of estimated recoverable resources.
Shell Selects SLB for Deepwater Drilling Contracts
SLB will deliver the projects in the U.K. North Sea, Trinidad and Tobago and the Gulf of Mexico, among others regions, over the next three years.
Shell and Argentina’s YPF Agree on $50B LNG Development
Shell and YPF say they will partner to build the first LNG export project in Argentina.
E&P Highlights: Dec. 16, 2024
Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
Shell, Chevron Take FID on Phase 3 of GoM Silvertip Frio Project
Shell Plc and Chevron Corp. are taking a final investment decision on Phase 3 of the Silvertip project in the Gulf of Mexico.
US Supreme Court Should Avoid Climate Change Cases, Biden Administration Says
The Biden administration is urging the U.S. Supreme Court to reject efforts by oil companies to prevent lawsuits accusing the fossil fuel producers of deceiving the public about climate change.