May 29, 2024 Shell plc (the "Company") announces that on May 23, 2024: NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES Place of transaction London Stock Exchange 1. Details of the person discharging managerial responsibilities/person closely associated First Name(s) James Last Name(s) Bounds 2. Reason for the notification Position/status Person Closely Associated with the PDMR, Phi ...

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES May 29, 2024 Shell plc (the "Company") announces that on May 23, 2024: a) Philippa Bounds, a Person Discharging Managerial Responsibilities ("PDMR"), has, in order to effect a "Bed and ISA" transaction, sold 8,961 shares of €0.07 each in the Company ("Shares") and immediately repurchased 8,961 shares into her Individual Savings Accoun ...

Shell plc (SHEL) shareholders have decisively rejected a climate resolution proposed by the activist group Follow This, during an annual general meeting ("AGM") marked by protests and intense debate. The resolution, backed by 27 investors managing approximately $4 trillion, sought to align the London-based supermajor's medium-term carbon reduction targets with the Paris Climate Agreement, focusing on emissions from fuels burned by consumers (Scope 3 emissions). It received 18.6% support, a slight decrease f ...

Carl Court I initiated my coverage of British oil & gas supermajor Shell plc (NYSE:SHEL) in late March with an Overweight rating that was based on three key factors: 1) leading scale and expertise in LNG, 2) a best-in-class trading division, allowing the company to profit off price volatility and 3) a credible new strategy focused on delivering attractive shareholder returns and cost savings. Q1 earnings, released on May 2, reinforced much of this thesis as early benefits of initiated structural cost measur ...

Shell plc (SHEL) , the British energy supermajor, believes that its supply of liquefied natural gas (LNG) from its terminals in Australia should support the increasing demand from the emerging market of Asia. Toward the end of the decade, the South and Southeast Asian markets are anticipated to absorb a part of the rising global LNG supplies. Shell believes that Vietnam, Bangladesh, the Philippines and Thailand will experience significant demand growth and be the focus markets in the future. In the previous ...

Artificial intelligence (AI) and big data are rapidly transforming the energy sector not only by revolutionizing operations and enhancing efficiency but also by creating new opportunities for innovation and development. Notably, exploration and production companies are leveraging AI algorithms for analyzing seismic data, optimizing drilling operations and predicting reservoir behavior. This reduces exploration risks while maximizing the recovery rate of hydrocarbons. Moreover, with the utilization of AI-pow ...

SHELL PLC RESULT OF ANNUAL GENERAL MEETING Shell plc announces the poll results on the resolutions at its Annual General Meeting held on Tuesday May 21, 2024 at the InterContinental London – The O2, 1 Waterview Drive, Greenwich Peninsula, London SE10 0TW. Resolutions 1-22 were carried and resolution 23 was not carried. In accordance with the Listing Rules, a copy of all resolutions other than resolutions concerning ordinary business at the Annual General Meeting, will be submitted to the National Storage Me ...

Transaction in Own Shares 16 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the 'Company') announces that on 16 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: | | | Highest | Lowest | | | | | --- | --- | --- | --- | --- | --- | --- | | Date of purchase | Number of Shares purchased | price paid | price paid | Volume weighted average price paid per share | Venue | Currency | | 16/05/2024 | 1,135,704 | £28.495 ...

Transaction in Own Shares 16 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the 'Company') announces that on 16 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: | --- | --- | --- | --- | --- | --- | --- | --- | |------------------|----------------------------|--------------------|----------|-------|---------------------------------------------------------|-------------|----------| | | | | | | | | | | Date of ...

Shell plc (NYSE:SHEL) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Wael Sawan - CEO Sinead Gorman - Director & CFO Conference Call Participants Michele Della Vigna - Goldman Sachs Biraj Borkhataria - RBC Capital Markets Lydia Rainforth - Barclays Alastair Syme - Citi Paul Cheng - Scotiabank Joshua Stone - UBS Irene Himona - Societe Generale Ryan Todd - Piper Sandler Alejandro Vigil - Santander Christyan Malek - JPMorgan Lucas Herrmann - BNP Christopher Kuplent - Bank of Amer ...