| PAVILION-ENERGY-PTE-LTD |
PAVILION-ENERGY-PTE-LTD |
92%
|
In March 2025, we completed the acquisition of 100% of the shares in Pavilion Energy Pte. Ltd. (Pavilion Energy). |
| BLSH |
Bullish |
72%
|
ions. Our portfolio of cash investments is diversified to avoid concentrating risk in any one instrument, country or counterparty. Other than in exceptional cases, the use of external derivative inst… |
| BLSH |
Bullish |
72%
|
Reciprocal relationship from BLSH graph: Reciprocal relationship from SHEL graph: Reciprocal relationship from BLSH graph: Reciprocal relationship from SHEL graph: Reciprocal relationship from BLSH g… |
| CNQ |
Canadian Natural Resources Limited |
72%
|
Reciprocal relationship from CNQ graph: Reciprocal relationship from SHEL graph: erest 19.3%, already unitised with an adjoining open area and operated by Petrobras). In addition to the producing ass… |
| CNQ |
Canadian Natural Resources Limited |
72%
|
erest 19.3%, already unitised with an adjoining open area and operated by Petrobras). In addition to the producing assets, we hold interests in 33 non-operated exploration blocks: two in the Santos B… |
| COP |
ConocoPhillips |
72%
|
Reciprocal relationship from COP graph: Reciprocal relationship from SHEL graph: Reciprocal relationship from COP graph: Reciprocal relationship from SHEL graph: Reciprocal relationship from COP grap… |
| COP |
ConocoPhillips |
72%
|
Shell also holds a 70% interest in two exploration licences via Shell South Syria Exploration B.V. In December 2011, in compliance with international sanctions on Syria, including European Council De… |
| EIPAF |
Eni S.p.A. |
72%
|
Reciprocal relationship from EIPAF graph: Reciprocal relationship from SHEL graph: Reciprocal relationship from EIPAF graph: Reciprocal relationship from SHEL graph: G has shipped more than 1,100 car… |
| EIPAF |
Eni S.p.A. |
72%
|
G has shipped more than 1,100 cargoes of LNG to customers since it began operating in 2014. The increase in production capacity at QGC and Arrow Energy will make a significant contribution to Shell's… |
| LPG |
Dorian LPG Ltd. |
72%
|
Reciprocal relationship from LPG graph: Reciprocal relationship from SHEL graph: Reciprocal relationship from LPG graph: Reciprocal relationship from SHEL graph: Reciprocal relationship from LPG grap… |
| NEU |
NewMarket Corporation |
72%
|
Reciprocal relationship from NEU graph: he four largest manufacturers and suppliers in the petroleum additives marketplace. In the lubricant additives submarket, our major competitors are The Lubrizo… |
| STOHF |
STOHF |
72%
|
erest 19.3%, already unitised with an adjoining open area and operated by Petrobras). In addition to the producing assets, we hold interests in 33 non-operated exploration blocks: two in the Santos B… |
| STOHF |
STOHF |
72%
|
Reciprocal relationship from STOHF graph: Reciprocal relationship from SHEL graph: Reciprocal relationship from STOHF graph: Reciprocal relationship from SHEL graph: erest 19.3%, already unitised wit… |
| ABU-DHABI-GAS-INDUSTRIES-LIMITED |
ABU-DHABI-GAS-INDUSTRIES-LIMITED |
62%
|
Shell also holds a 70% interest in two exploration licences via Shell South Syria Exploration B.V. In December 2011, in compliance with international sanctions on Syria, including European Council De… |
| ABU-DHABI-NATIONAL-OIL-COMPANY |
ABU-DHABI-NATIONAL-OIL-COMPANY |
62%
|
ding the production of energy and emissions over time. The IEA estimates that these changes in the end use of energy will require substantial investment. The World Energy Outlook 2024 report by the I… |
| ADURA-ENERGY-LIMITED |
ADURA-ENERGY-LIMITED |
62%
|
l by 15--20% by 2030 compared with 2016. And, we are on track, delivering 9% by end-2025 compared with 2016. Achieving our ambition to reduce customer emissions from the use of our oil products [D] b… |
| AL-FURAT-PETROLEUM-COMPANY |
AL-FURAT-PETROLEUM-COMPANY |
62%
|
Shell also holds a 70% interest in two exploration licences via Shell South Syria Exploration B.V. In December 2011, in compliance with international sanctions on Syria, including European Council De… |
| BURULLUS-GAS-COMPANY |
BURULLUS-GAS-COMPANY |
62%
|
the second half of the 2020s. [C] Shell holds 25% in the joint venture, which owns 25% of the North Field East expansion project, which has a nameplate capacity of 32 mtpa. First LNG is expected in t… |
| CARNE-INVESTMENTS-PTE-LTD |
CARNE-INVESTMENTS-PTE-LTD |
62%
|
oline stocks remain low and this could lead to a spike in margins if there is a supply disruption. Lower crude oil prices could also support more demand growth. Chemical cracker margins remained pres… |
| CHEVRON-U-S-A-INC |
CHEVRON-U-S-A-INC |
62%
|
erest 19.3%, already unitised with an adjoining open area and operated by Petrobras). In addition to the producing assets, we hold interests in 33 non-operated exploration blocks: two in the Santos B… |
| CHINA-NATIONAL-PETROLEUM-CORPORATION |
CHINA-NATIONAL-PETROLEUM-CORPORATION |
62%
|
is event. Overall, Pearl GTL has reduced total flaring by 75% since 2016. Despite the challenge of a turnaround this size, we continued to place a strong emphasis on worker welfare. This was a critic… |
| EXPLORATION-TRINIDAD-LIMITED |
EXPLORATION-TRINIDAD-LIMITED |
62%
|
tone Exploration Trinidad Limited for the sale of our interest in the Central Block facility. We expect to complete this transaction in the first half of 2025. We have a 100% interest in exploration … |
| KOREA-GAS-CORPORATION |
KOREA-GAS-CORPORATION |
62%
|
the natural gas is funnelled into the Coastal GasLink pipeline. This pipeline is 670 kilometres long and crosses two mountain ranges to reach LNG Canada at Kitimat on a remote part of the Pacific coa… |
| MALAYSIA-PETROCHINA-MITSUBISHI-CORPORATION |
MALAYSIA-PETROCHINA-MITSUBISHI-CORPORATION |
62%
|
the natural gas is funnelled into the Coastal GasLink pipeline. This pipeline is 670 kilometres long and crosses two mountain ranges to reach LNG Canada at Kitimat on a remote part of the Pacific coa… |
| NIGERIA-LIMITED |
NIGERIA-LIMITED |
62%
|
. Where relevant, this note contains references to other notes to the Consolidated Financial Statements and aims to provide an overarching summary of the energy transition impact. In 2021, Shell laun… |
| NIGERIA-LNG-LTD |
NIGERIA-LNG-LTD |
62%
|
articipation in and/or support for activities related to Al Furat Petroleum Company. In the first half of 2025, most US sanctions in relation to Syria were revoked but all activities remain suspended… |
| NIGERIAN-AGIP-EXPLORATION-LTD |
NIGERIAN-AGIP-EXPLORATION-LTD |
62%
|
G has shipped more than 1,100 cargoes of LNG to customers since it began operating in 2014. The increase in production capacity at QGC and Arrow Energy will make a significant contribution to Shell's… |
| NIGERIAN-NATIONAL-PETROLEUM-COMPANY-LIMITED |
NIGERIAN-NATIONAL-PETROLEUM-COMPANY-LIMITED |
62%
|
G has shipped more than 1,100 cargoes of LNG to customers since it began operating in 2014. The increase in production capacity at QGC and Arrow Energy will make a significant contribution to Shell's… |
| ONSHORE-THE-SHELL-PETROLEUM-DEVELOPMENT-COMPANY |
ONSHORE-THE-SHELL-PETROLEUM-DEVELOPMENT-COMPANY |
62%
|
Shell also holds a 70% interest in two exploration licences via Shell South Syria Exploration B.V. In December 2011, in compliance with international sanctions on Syria, including European Council De… |
| PRODUCTION-COMPANY-LIMITED |
PRODUCTION-COMPANY-LIMITED |
62%
|
Shell also holds a 70% interest in two exploration licences via Shell South Syria Exploration B.V. In December 2011, in compliance with international sanctions on Syria, including European Council De… |
