Core Points - Shell plc announced an interim dividend of US$ 0.358 per ordinary share for Q3 2025 [1] - Shareholders can choose to receive dividends in US dollars, euros, or pounds sterling [2] - The payment date for the dividend is set for December 18, 2025 [5] Dividend Details - The equivalent cash dividend for American Depositary Shares (ADSs) is US$ 0.716, with each ADS representing two ordinary shares [3][4] - The ex-dividend date for ordinary shares is November 13, 2025, and for ADSs, it is November 14, 2025 [5] - The record date for dividend eligibility is November 14, 2025 [5] Currency Election and Payment - Shareholders holding shares through Euroclear Nederland will receive dividends in euros unless a valid election is made [2] - The closing date for currency election is November 28, 2025, at 11:00 am GMT [6] - The announcement date for pound sterling and euro equivalent payments is December 8, 2025 [5] Dividend Reinvestment Programs - Shell offers Dividend Reinvestment Plans (DRIPs) allowing shareholders to reinvest dividends into additional shares [9] - Shareholders must make a valid election for DRIPs before the close of elections for the next dividend [9]

Core Insights - KBR has appointed Huibert H. Vigeveno to its board of directors effective August 5, 2025, bringing extensive experience from his 30 years at Shell [1][2] Company Overview - KBR is a global provider of science, technology, and engineering solutions, employing approximately 37,000 people and serving customers in over 80 countries [3] New Board Member Profile - Huibert H. Vigeveno, age 55, has held various significant roles at Shell, including serving on the executive committee and as director of Downstream, Renewables, and Energy Solutions from January 2020 to March 2025 [2] - His previous positions include executive vice president of Global Commercial and transition CEO of BG Group following its acquisition by Shell [2] - Vigeveno will officially leave Shell in September 2025 to pursue new opportunities and holds an MBA from Erasmus University Rotterdam [2] Strategic Importance - KBR's board chair, Stuart Bradie, emphasized that Vigeveno's experience and perspective will be valuable as KBR aims to enhance its reputation in sustainable energy and energy transition solutions [3]

Financial Performance - Shell reported adjusted earnings of $4.26 billion for Q2 2025, exceeding analyst expectations of $3.87 billion [1][2] - The company's Q2 2025 earnings were lower than the $6.29 billion reported in the same period last year and $5.58 billion in Q1 2025 [2] Strategic Focus - In March, Shell announced plans to prioritize shareholder returns, increase cost savings, and enhance its liquefied natural gas (LNG) initiatives, aiming for value creation while focusing on performance and simplification [3] - The strategic update has positively impacted investor sentiment, with Shell's share price rising by 8% this year, outperforming competitors like BP (up 3%), TotalEnergies (down 2%), and Exxon Mobil (up 4%) [3] Market Position - Shell dismissed rumors of a potential takeover bid for BP, stating in late June that it had "no intention" of making an offer for its struggling rival [4]

Core Points - Shell plc announced an interim dividend of US$ 0.358 per ordinary share for Q2 2025 [1][2] - Shareholders can choose to receive dividends in US dollars, euros, or pounds sterling, with default options based on their holding method [2][3] - The dividend payment for American Depositary Shares (ADSs) is set at US$ 0.716, with each ADS representing two ordinary shares [3][4] Dividend Details - The dividend timetable includes key dates: announcement on July 31, 2025, ex-dividend dates on August 14 and 15, 2025, record date on August 15, 2025, and payment date on September 22, 2025 [5] - The equivalent dividend payments in pounds sterling and euros will be announced on September 8, 2025 [3][5] Additional Information - Shareholders holding shares through Euroclear Nederland will receive dividends in euros unless a valid election is made [2][3] - A Dividend Reinvestment Program (DRIP) is available for shareholders wishing to reinvest their dividends into purchasing more shares [8] - Tax treatment of dividends should be consulted with a tax advisor for shareholders uncertain about their obligations [7]

Group 1 - Ernst & Young LLP (EY) informed Shell plc that it was not in compliance with SEC auditor independence rules for the audits of the years ended December 31, 2023 and 2024, leading to the need for amended Form 20-Fs [1][2] - The financial statements for 2023 and 2024 remain unchanged despite the amendment, and EY's audit opinions are still unqualified [1][5] - EY determined that the lead audit partner for the applicable years had exceeded the allowed period under SEC audit partner rotation rules, making them ineligible for the role [3] Group 2 - A different partner has been assigned by EY to lead the audit, and it has been concluded that no changes to the previously issued financial statements are necessary [4] - The appropriate remediation has been completed, allowing EY to exercise objective and impartial judgment regarding the US audit opinions in the amended Form 20-Fs [4] - The time limitations under the UK Financial Reporting Council's Revised Ethical Standard regarding partner rotation were also exceeded, but no amended filings are required in the UK [7]

Core Viewpoint - Shell plc announced the interim dividend for the first quarter of 2025, set at US$0.358 per ordinary share, with options for shareholders to receive dividends in US dollars, euros, or pounds sterling [1][2]. Dividend Payment Details - Shareholders who submitted valid currency elections by June 2, 2025, will receive dividends of US$0.358, €0.3136, or 26.41p per ordinary share, depending on their chosen currency [2]. - Dividends payable in euros and pounds sterling have been converted from US dollars based on average market exchange rates from June 4 to June 6, 2025 [4]. - The dividend payment date is set for June 23, 2025, for shareholders listed on the Register of Members as of May 16, 2025 [4]. Taxation and Currency Election - Shareholders are advised to consult their tax advisors regarding the tax treatment of dividends [5]. - Different currency election deadlines may apply to shareholders holding shares through various financial institutions, and they are encouraged to check with their brokers for specific deadlines [6].

Core Points - Shell plc announced an interim dividend of US$ 0.358 per ordinary share for Q1 2025 [1] - Shareholders can choose to receive dividends in US dollars, euros, or pounds sterling [2] - The payment date for the dividend is set for June 23, 2025 [5] Dividend Details - The equivalent dividend payments in pounds sterling and euros will be announced on June 9, 2025 [3] - For American Depositary Shares (ADSs), the dividend will be US$ 0.716 per ADS, with each ADS representing two ordinary shares [4] - The ex-dividend date for ordinary shares is May 15, 2025, and for ADSs, it is May 16, 2025 [5] Dividend Timetable - Announcement date: May 2, 2025 [5] - Record date: May 16, 2025 [5] - Closing of currency election date: June 2, 2025 [5] Additional Information - Shareholders can participate in Dividend Reinvestment Plans (DRIPs) to reinvest dividends into purchasing more shares [8] - Tax treatment of dividends should be consulted with a tax advisor [7]

Core Viewpoint - Shell plc's stock performance has been stagnant, with a minor correction of 4.8% observed in 2024, but expectations for improvement are set for 2025 [1]. Group 1 - The article discusses the previous stock performance of Shell plc, indicating a lack of movement in its price over the past six months [1]. - The author, Manika, has extensive experience in investment management and focuses on opportunities in the green economy through her investing group, Green Growth Giants [1].

Core Viewpoint - Shell plc has entered into a multi-year Enterprise Framework Agreement with McDermott to enhance its global operations, focusing on innovation and efficiency in project execution [1][3]. Group 1: Agreement Details - The agreement spans three years with two optional one-year extensions and encompasses a wide range of services including Low Carbon Solutions, Offshore Middle East, and Subsea and Floating Facilities [2][3]. - McDermott will leverage its global engineering centers to assist Shell in developing feasibility studies and front-end engineering solutions, aiming to support Shell's diverse project portfolio [3]. Group 2: Partnership Background - Shell and McDermott have a long-standing relationship, having successfully collaborated on various deepwater projects in regions such as the US Gulf of Mexico and Malaysia [4]. - A notable recent project is the Whale deepwater development, where McDermott fulfilled its engineering, procurement, construction, installation, and commissioning commitments [4]. Group 3: Recent Developments - Shell has recently approved a Final Investment Decision for the Gato do Mato project in Brazil, indicating its ongoing commitment to the oil and gas sector in the region [5]. - The Enterprise Framework Agreement was announced shortly after Shell awarded a multi-year operations and maintenance contract to MODEC for a floating production, storage, and offloading vessel related to the Gato do Mato project [5].

Core Insights - TechnipFMC plc (FTI) has secured an integrated Engineering, Procurement, Construction and Installation (iEPCI) contract from Shell plc for the Gato do Mato greenfield development project offshore Brazil, valued at over $1 billion, marking a significant milestone in their collaboration [1][4][11] Group 1: Project Overview - The Gato do Mato project is located in Brazil's deepwater Campos Basin and aims to enhance production in a prolific oil-producing region [2] - FTI will be responsible for the complete integrated execution of the development, utilizing advanced subsea technologies and experience, including Subsea 2.0 configure-to-order (CTO) production systems [2][3] Group 2: Technological Innovation - Subsea 2.0 technology enhances flexibility and efficiency of subsea infrastructure, driving down costs and accelerating project delivery [3] - FTI's implementation of CTO systems allows for customization of subsea production equipment, improving overall project performance and reliability [3][7] Group 3: Partnership Strength - The contract reflects the strong partnership between FTI and Shell, which has lasted over three decades, emphasizing their successful collaboration and delivery record [4][11] - FTI's ability to integrate innovative solutions is crucial for the timely execution of complex offshore projects like Gato do Mato [4][10] Group 4: Project Execution and Efficiency - The iEPCI model is designed to optimize project delivery, streamlining processes to reduce the timeline from conception to production [5][6] - FTI's commitment to excellence in project management and the use of Subsea 2.0 technology positions the Gato do Mato field for a swift ramp-up to full production [5][6] Group 5: Industry Impact - The Gato do Mato development will contribute to increasing production from Brazil's offshore sector, reinforcing the country's position as a leading oil producer globally [9][10] - FTI's ongoing commitment to technological innovation and efficiency positions it as a trusted partner for major energy companies in Brazil [10][11]