EURONEXT:SHELL

Shell announced an agreement to acquire ARC Resources Ltd in a deal valuing the company at approximately $13.6 billion.

The acquisition strengthens Shell’s position in Canada’s Montney shale basin, adding around 370 kboe/d of production and supporting growth in LNG and liquids. The transaction is expected to boost Shell’s production growth outlook to 4% annually through 2030 and enhance long-term cash flow.

ARC shareholders will receive a mix of cash and Shell shares, representing a 20% premium. The deal is expected to close in the second half of 2026, pending approvals.

Cnergy $2.41 vs Shell $3.47, queue block buses, Union Gas stock up 37% — how do they make money? | Dr Wealth

Everyone is feeling the pinch of rising oil prices. The latest hit? Right at the fuel pump. Before the Iran War, the major petrol stations in Singapore were offering 95-octane petrol at S$2.88 per litre. That's now risen to S$3.47—a 20% increase. Ouch. But there's one petrol station bucking the trend. Cnergy is offering 95-octane

(drwealth.com)
Shell said it has set the euro and pound sterling equivalents for its fourth-quarter 2025 interim dividend of $0.372 per ordinary share, originally announced on February 5, 2026.

Shareholders who elected to receive the dividend in euros or pounds sterling will receive €0.3227 or 27.87 pence per share, respectively. The amounts were calculated using the average market exchange rates between March 11 and March 13, 2026.

The dividend will be paid on March 30, 2026 to shareholders on the company’s register as of February 20, 2026. Shareholders were able to choose to receive the payment in US dollars, euros or pounds sterling.
Repsol announced the start of oil production at the Lapa Southwest development in Brazil’s Santos Basin, approximately 300 km offshore. The project is operated by TotalEnergies in partnership with Shell and Repsol through the Repsol Sinopec Brazil joint venture.

The new development is expected to add about 25,000 gross barrels of oil per day at plateau, increasing total production from the Lapa field to roughly 60,000 barrels per day. Repsol Sinopec Brazil holds a 25% working interest in the project, while TotalEnergies owns 48% and Shell 27%.

Lapa Southwest was developed by connecting three subsea wells to the existing Lapa floating production, storage and offloading (FPSO) unit, allowing additional reserves to be produced using available processing capacity.

Repsol said the project supports its strategy of focusing exploration and production activities in core growth regions such as Brazil. Together with other projects including Cypre, Mento, Leon-Castile and Pikka, the company expects these developments to contribute around 80,000 low-cost, low-carbon-intensity barrels of production by 2027.
Shell plc reported strong cash generation and continued shareholder returns in 2025, despite a softer macroeconomic environment in the fourth quarter.

Chief Executive Officer Wael Sawan said Shell generated $26 billion in free cash flow during the year, delivered $5 billion in cumulative cost savings since 2022, and continued to streamline its portfolio. In the fourth quarter, adjusted earnings reached $3.3 billion, while cash flow from operations totalled $9.4 billion, supported by resilient performance in Upstream and Integrated Gas.

For the full year, cash flow from operations amounted to $42.9 billion, with around 52% returned to shareholders. Shell ended 2025 with net debt of approximately $45.7 billion and gearing of 20.7%. The company also confirmed a 4% increase in its quarterly dividend to $0.372 per share and announced a $3.5 billion share buyback, marking the 17th consecutive quarter of buybacks of at least $3 billion.
Shell sets euro and sterling equivalents for q3 2025 dividend

Shell plc has announced the euro and pounds-sterling equivalents for its third-quarter 2025 interim dividend of $0.358 per ordinary share. Shareholders who elected their preferred currency by November 28 will receive $0.358, €0.3070 or 26.85p per share, depending on their choice.

Those without a valid election will receive payments in euros via Euroclear Nederland, or in pounds sterling for holders on the UK register and Shell’s corporate nominee. The non-dollar amounts were calculated using average exchange rates from December 3–5.

The dividend will be paid on December 18, 2025, to shareholders on record as of November 14, 2025.
Shell Expands Stake in Brazil’s Atapu and Mero Pre-Salt Oil Projects

Shell has increased its participating interests in two major Brazilian pre-salt fields, raising its stake to 16.917% in Atapu and 20% in Mero after securing additional equity in an auction led by Pré-Sal Petróleo. The move strengthens Shell’s position in one of its most competitive global portfolios and supports its strategy to maintain material liquids production of 1.4 million barrels per day through 2030.

The winning bids totaled approximately $344 million across both assets, with payments scheduled for December 2025 and contract execution expected in March 2026. The revised interests are set to take effect in 2027. Mero’s four FPSOs now offer a combined gross capacity of 770,000 barrels per day, while Atapu is preparing for further expansion with a second FPSO under construction.

Shell remains Brazil’s second-largest oil and gas producer, behind Petrobras, and said the acquisition demonstrates its disciplined approach to growing high-margin upstream assets with a low carbon footprint.

YPF-Led VMOS Project in Argentina Gets Shell and Chevron as Partners

YPF-led VMOS project gets a major boost as SHEL and CVX join in bolstering Argentina's oil exports with a $3 billion pipeline.

(finance.yahoo.com)