Shell

SHEL

Market cap $207B

SHEL's $2B HI gas project in Nigeria is set to boost LNG exports, create jobs and reaffirm its long-term commitment to the country's energy sector.

MCLEAN, Va.--(BUSINESS WIRE)-- #NSTA--K–12 science teachers can now apply for the 2025–2026 Shell Science Lab Regional Challenge to win up to $330,000 in prizes.

Shell plc (the ‘Company') announces that on 15 October, 2025 it purchased the following number of Shares for cancellation.

Transaction in Own Shares    14 October, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 14 October, 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid   Lowest price paid   Volume weighted average price paid per share Venue Currency 14/10/2025 386,674 £27.0100 £26.6600 £26.8568 LSE GBP 14/10/2025 174,493 £27.0100 £26.6600 £26.8318 Chi-X (CXE) GBP 14/10/2025 263,833 £27.0050 £26.6600 £26.8575 BATS (BXE) GBP 14/10/2025 426,354 €31.0950 €30.6950 €30.9232 XAMS EUR 14/10/2025 398,646 €31.0950 €30.6950 €30.9186 CBOE DXE EUR 14/10/2025 - - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 July 2025.

Shell (SHEL) is undervalued due to ESG concerns, but its real strength lies in disciplined cash generation and shareholder returns. Under CEO Wael Sawan, SHEL prioritizes capital discipline, cost control, and consistent shareholder distributions over aggressive green investments. Despite volatile earnings, SHEL's robust free cash flow fully funds buybacks and dividends, debunking concerns about unsustainable debt-fueled returns.

Shell said on Tuesday it had taken a final investment decision, together with Sunlink Energies and Resources Ltd, on the HI gas project offshore Nigeria, with production expected to start before the end of this decade.

Transaction in Own Shares    13 October, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 13 October, 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid   Lowest price paid   Volume weighted average price paid per share Venue Currency 13/10/2025 355,827 £27.1500 £26.8250 £26.9801 LSE GBP 13/10/2025 173,992 £27.1450 £26.8250 £26.9922 Chi-X (CXE) GBP 13/10/2025 295,181 £27.1450 £26.8250 £26.9758 BATS (BXE) GBP 13/10/2025 422,839 €31.3300 €30.9950 €31.1667 XAMS EUR 13/10/2025 352,161 €31.3300 €30.9950 €31.1612 CBOE DXE EUR 13/10/2025 - - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 July 2025.

Oil majors are likely to struggle to protect shareholder payouts over the coming months amid a weaker crude price environment, analysts told CNBC.

Spanish energy company Moeve has become the first external supplier of sustainable aviation fuel to join Shell's blockchain-based platform for scaling SAF use, the oil major told Reuters after a deal was signed.

Transaction in Own Shares    10 October, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 10 October, 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid   Lowest price paid   Volume weighted average price paid per share Venue Currency 10/10/2025 610,729 £27.6650 £26.8950 £27.2816 LSE GBP 10/10/2025 174,595 £27.6650 £26.9200 £27.5344 Chi-X (CXE) GBP 10/10/2025 489,676 £27.6500 £26.8950 £27.2483 BATS (BXE) GBP 10/10/2025 875,913 €31.8950 €30.9950 €31.4004 XAMS EUR 10/10/2025 399,087 €31.8650 €31.0100 €31.6079 CBOE DXE EUR 10/10/2025 - - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 July 2025.