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.
News
Here’s a look at some of this week’s renewable energy news, including a partnership between Tallgrass and Equinor to develop hydrogen…
Shell's purchase of Daystar Power represents the company's first power acquisition in Africa.
The Groningen Field, operated by a joint venture of Shell and Exxon Mobil, still holds massive reserves of natural gas.
Shell and Simply Blue said in a joint statement on Sept. 24 that Shell’s withdrawal from the Western Star and Emerald projects was a “…
Energy Chamber of Trinidad and Tobago head Thackwray “Dax” Driver says there’s a need to change the Caribbean island’s taxation…
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…
Activity Highlights
United States
In Mississippi Canyon Block 934, Houston-based Shell Oil Co. completed a deepwater Upper Miocene producer at #0A0-06S1B OCS G07976. The producer initially flowed 11,995 bbl of 26.7° API oil, with 10,000 cu ft of gas and no reported water per day…
Loving
TX
United States
Three Wolfcamp producers were announced by Shell Oil Co. in Loving County (RRC Dist. 8), Texas. The Phantom Field wells were drilled from a pad in Section 6, Block C27, PSL Survey A-1187. The #2H Daenerys State C27-6 Lov Unit has a total depth of…
United States
In Alaminos Canyon Block 857, Houston-based Shell Oil Co. completed a Middle Miocene well. The #0GB007S0B OCS G17571 was drilled to 23,300 ft and produced 3,513 bbl of 35.5° API oil, with 2.12 MMcf of gas per day. Production is from a perforated…
United States
Shell Oil Co. has added a three-block prospect to the company’s drilling program in the Alaminos Canyon area north of the company’s Blacktip discovery Block 380. The #1 OCS G32954 hit more than 400 net ft of oil pay with good reservoir and fluid…
In Mississippi Canyon Block 812, Shell Oil Co. completed a Middle Miocene discovery at #0K003S3B OCS G34460 ST03BP00. The well was drilled to 29,739 ft, with a true vertical depth of 23,343 ft. It flowed 12,478 bbl of 33.5° API oil and 25.725…
Transactions
Exxon Mobil, Shell Divest Large California Oil Producer Aera Energy
Exxon Mobil, Shell Divest Large California Oil Producer Aera Energy
Shell USA to Acquire Midstream MLP in $1.96 Billion Buyout
Shell USA to Acquire Midstream MLP in $1.96 Billion Buyout
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
Shell to Acquire Major US-based Solar Energy Developer
Shell to Acquire Major US-based Solar Energy Developer