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Shell news


Strong progress towards net zero for Shell

Shell has published its Energy Transition Progress Report 2021 detailing the company’s progress over the past year. This report will be put to shareholders for an advisory vote at the Annual General Meeting on 24 May 2022.


Shell starts up PowerNap development

PowerNap is a subsea tie-back to the Shell-operated Olympus TLP, located in the US Gulf of Mexico with an estimated peak production of 20 000 boe/d.


Shell releases new plan for Jackdaw field development

Shell said in the new environmental development plan of the Jackdaw field that it aims to start production from the field, which will supply 6.5% of Britain's gas output, by 3Q25 or 4Q25.


Shell to withdraw from Russian oil and gas

Shell has announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas and LNG.


Light oil discovery made by Shell and NAMCOR

It is anticipated that further exploration activity, including a second exploration well, will be required to determine the size and recoverable potential of the identified hydrocarbons at the Graff-1 deepwater exploration well.