Shell plc (SHEL) is facing challenges over its planned sale of a 37.5% stake in the Schwedt refinery in Germany to the British energy conglomerate Prax Group. The deal was expected to be closed by the first half of 2024, contingent upon regulatory approvals and other partner considerations. However, it has been delayed owing to certain pending lawsuits by third parties. Shell has been trying to divest its stake in the refinery for several years now. The Schwedt refinery is located at the border of Poland an ...

Shell International Finance B.V. and Shell plc 20 September 2024 Publication of Prospectus Supplement The following documents (the "Documents") are available for viewing: Prospectus Supplement dated 20 September 2024 Shell plc unaudited condensed consolidated interim financial report as at and for the six month period ended 30 June 2024 Shell plc's Annual Report for the year ended 31 December 2023 Shell plc's Form 20-F for the year ended 31 December 2023 Shell International Finance B.V.'s unaudited condense ...

The most recent trading session ended with Shell (SHEL) standing at $69.17, reflecting a +1.47% shift from the previouse trading day's closing. This change lagged the S&P 500's 1.7% gain on the day. Elsewhere, the Dow gained 1.26%, while the tech-heavy Nasdaq added 2.51%. Coming into today, shares of the oil and gas company had lost 4.38% in the past month. In that same time, the Oils-Energy sector lost 2.52%, while the S&P 500 gained 1.27%. Analysts and investors alike will be keeping a close eye on the pe ...

Press Release September 19, 2024 Shell plc Announces Early Participation Results and Increase in Maximum Amount of Old Notes that may be Accepted in the Previously Announced Exchange Offers Early Participation Premium to be Offered to all Holders Shell plc ("Shell") (LSE: SHEL) (NYSE: SHEL) (EAX: SHELL) today announced that, as of 5:00 p.m., New York City Time, on September 18, 2024 (the "Early Participation Deadline"), the aggregate principal amounts listed below of the twelve series of notes issued by She ...

Shell (SHEL) closed at $67.45 in the latest trading session, marking a +0.7% move from the prior day. This move outpaced the S&P 500's daily gain of 0.54%. Meanwhile, the Dow experienced a rise of 0.72%, and the technology-dominated Nasdaq saw an increase of 0.65%. Prior to today's trading, shares of the oil and gas company had lost 8.46% over the past month. This has lagged the Oils-Energy sector's loss of 3.91% and the S&P 500's gain of 4.86% in that time. Analysts and investors alike will be keeping a cl ...

Shell plc (SHEL) , the oil and gas giant, is planning to cut down its workforce by 20%. The job cuts are anticipated to affect the oil and gas exploration staff, per a report by Reuters. The report also mentioned that the company's exploration and development and subsurface divisions will undergo restructuring and the effect of the layoffs will be felt in Shell's offices in Houston and The Hague. The layoffs may also affect its offices across Britain, albeit to a lower extent. After Shell's new CEO, Wael Sa ...

SHELL PLC SECOND QUARTER 2024 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS September 9, 2024 The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the second quarter 2024 interim dividend, which was announced on August 1, 2024 at US$0.344 per ordinary share. Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling. Holders of ordinary shares who have validly submitted US dollars, euros or pounds sterling cur ...

Press Release September 5, 2024 Shell plc Commences Any and All Exchange Offers of Up To Twelve Series of USD Notes Issued by Shell International Finance B.V. Shell plc ("Shell") (LSE: SHEL) (NYSE: SHEL) (EAX: SHELL) today announced the commencement of offers to exchange (the "Exchange Offers" and each, an "Exchange Offer") any and all validly tendered (and not validly withdrawn) and accepted notes up to a maximum aggregate principal amount of $10 billion (the "Maximum Amount") of twelve series of notes iss ...

Shell plc (SHEL) has signed a 10-year supply agreement for liquefied natural gas (LNG) with the Turkish stateowned energy firm BOTAS. Per the terms of the agreement, Shell will supply 4 billion cubic meters of LNG per annum to Turkey, starting 2027. The LNG supplied to Turkey will be sourced from the British energy major's U.S. and global energy assets. Before the discovery of the Sakarya gas field in the Black Sea, Turkey was heavily reliant on imported natural gas. Despite this discovery and increased cap ...

Shell plc's (SHEL) subsidiary, Shell USA, Inc., has announced that its both units, Shell Pipeline Company LP and Triton West LLC, will sell the entire stake in the Sinco pipeline system and Colex terminal to a subsidiary of Edgewater Midstream LLC (Edgewater), Houston, TX-based midstream company. This strategic divestiture is aligned with Shell's ongoing efforts to simplify its portfolio and focus on more value-driven projects with lower emissions. The sale is subject to regulatory approval and expected to ...