The FTSE 100 index rose by 55 points, driven mainly by Shell's strong trading update and a 3.1% share rise. Shell also announced a $1 billion sale of its South African petrol stations. Meanwhile, Capita shares dropped nearly 16% after delays in managing the Civil Service Pension Scheme drew government criticism. Despite tech sector weakness and mining stock declines, consumer-focused companies like Burberry and Unilever helped support the market. The Bank of England's upcoming financial stability report and Shell's Q2 results are key upcoming events to watch.
Shell anticipates stronger trading and optimization earnings in its integrated gas business to compensate for a drop in production caused by disruptions in Qatar due to the Iran war. Integrated gas production is forecast to fall to 610,000-650,000 ba...
Shell plc provided an updated outlook for Q2 2026, highlighting reduced Integrated Gas production due to the Middle East conflict affecting Qatari volumes. Despite this, refining margins are expected to improve to around $20 per barrel, with chemical...
Following Shell's interim dividend payment for Q1 2026 on June 29, several senior executives, including CEO Wael Sawan and CFO Sinead Gorman, acquired shares through dividend reinvestment plans. These shares were obtained in respect of shares previou...
The 19th annual Dutch IR Awards, hosted by the Netherlands Association for Investor Relations (NEVIR), recognized excellence in investor relations and financial communications among Dutch listed companies. Winners included Shell as AEX Company of the...
