British oil major Shell has ended negotiations to sell its stake in Germany's Russia-linked Schwedt refinery to Polish energy group Unimot , Bloomberg News reported on Thursday, citing people familiar with the matter
The FTSE 100 edged higher on Wednesday as gains in mining shares and lower bond yields helped London absorb a sharp pullback in energy heavyweights following another slide in oil prices. Britain's blue-chip index was up about 0.3% around 10,886 in later morning trade.
SHEL's potential $8B U.S. chemicals exit marks a sharper focus on oil and gas as it cuts costs and reshapes capital allocation.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 31,135 | $2.44M | $2.86M | $419,811.07 | 17.18% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 675 | $49,043.29 | $62,086.5 | $13,043.21 | 26.6% |
Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 781 | $45,640.6 | $71,836.38 | $26,195.78 | 57.4% |
Curtis Ellergodt Rothschild Investment LLC | 6,306 | $421,773.48 | $553,414.56 | $131,641.08 | 31.21% |
Dodge & Cox Dodge & Cox Funds | 54,269 | $2.98M | $4.89M | $1.91M | 63.96% |
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Wael Sawan CEO | NYSE Exchange | 780259305 CUSIP |
| GB Country | 84,000 Employees | 14 Aug 2026 Last Dividend | 30 Jun 1997 Last Split | 21 Jul 2005 IPO Date |
Shell plc is a global energy and petrochemical company with a broad presence across Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. It operates through several segments including Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions. The company has a diversified portfolio that encompasses exploration and extraction of crude oil, natural gas, and natural gas liquids, alongside the marketing and transportation of oil and gas. Shell also produces gas-to-liquids fuels and other products while managing upstream and midstream infrastructures. Initially known as Royal Dutch Shell plc, the company underwent a name change to Shell plc in January 2022. With its founding in 1907, Shell has established its headquarters in London, the United Kingdom, marking a significant presence in the global energy sector.
Shell explores for, extracts, markets, and transports natural and liquefied natural gas (LNG), and crude oil. It operates effectively in both upstream and midstream sectors, ensuring a steady supply of gas to the market.
The company converts natural gas into higher-value liquid fuels and products, providing alternative solutions for markets and industries across the globe.
Shell is involved in the marketing and trading of natural gas, LNG, crude oil, electricity, and carbon-emission rights. It also focuses on marketing LNG as a viable fuel option for heavy-duty vehicles.
Engaging in the refining of crude oil and other feedstocks, Shell produces a wide array of products including low-carbon fuels, lubricants, bitumen, sulphur, gasoline, diesel, aviation fuel, and marine fuel.
The company manufactures petrochemicals used in various industrial applications. It focuses on producing base chemicals like ethylene, propylene, and aromatics, as well as intermediates such as styrene monomer, propylene oxide, and ethylene glycol.
Shell is actively expanding its portfolio into renewable energy sources, generating electricity through wind and solar power. It also produces and sells hydrogen, engages in bioenergy projects, and provides electric vehicle charging solutions, demonstrating its commitment to sustainability.