Britain's Financial Reporting Council said on Monday it had opened an investigation into Ernst & Young's audit of Shell's 2024 financial statements.
Shell is preparing to launch a new drilling campaign in the PEL 39 exploration block offshore Namibia from April 2026 with its partners QatarEnergy and Namibia's national oil company Namcor.
SHEL is nearing a $3 billion acquisition of LLOG Exploration, a move that could significantly accelerate its long-term upstream growth.
Shell wants to dissolve a joint venture with Russia's Rosneft , through which the London-listed group holds part of its stake in the Caspian Pipeline Consortium, a source with direct knowledge of the matter said on Wednesday.
Shell plc delivers double-digit FCF yields, combining a nearly 4% dividend and 6% annualized buybacks, even amid a weak pricing environment and $20B+ annual capex. SHEL's portfolio strength is anchored in integrated oil and gas; renewables remain immaterial, posing a long-term risk as energy markets evolve. Significant new high-margin international projects and LNG capacity coming online through 2027 support sustained double-digit FCF/share growth in SHEL stock.
In the most recent trading session, Shell (SHEL) closed at $73.01, indicating a -2% shift from the previous trading day.
SHEL and PBR strengthen their position in Brazil's prolific Santos Basin by increasing equity in the Atapu and Mero fields, enhancing long-term output.
SHEL deepens its Santos Basin presence with four new exploration blocks, reinforcing its long-term deepwater and energy security strategy in Brazil.
SHEL deepens its Southeast Asia presence as Brunei Shell Petroleum awards ADES a major offshore drilling contract in Brunei.
Shell is ready to invest more in Italy to boost hydrocarbon production, the head of the energy group's Italian unit said on Wednesday, urging the government to allow new drilling.
SHEL's long-term renewable energy deal with Ferrari aims to cut emissions and power nearly half of the automaker's Maranello plant through 2034.
UBS has taken Shell PLC (LSE:SHEL, NYSE:SHEL)down a peg, cutting its rating from buy to neutral and trimming its price target to 3,000p a share. The bank thinks the stock has lost some of its shine after a 12% rise this year and no longer looks cheap enough to warrant a more bullish call.