At Shell's Annual General Meeting on May 19, 2026, shareholders approved 22 of 23 resolutions, including key appointments and financial policies, with strong support for the company's strategy and climate targets. The only resolution rejected was a shareholder proposal, indicating broad investor confidence in Shell's transformation efforts. CEO Wael Sawan highlighted progress in balancing current oil and gas needs with future energy system development, emphasizing discipline and value creation with reduced emissions. This outcome supports Shell's ongoing transition and financial goals amid evolving energy markets.
Shell plc has initiated registered exchange offers to swap certain outstanding unregistered notes issued by Shell Finance US Inc. for new registered notes of equivalent principal amount. These exchange notes will have substantially identical terms bu...
Oil stocks Chevron, ExxonMobil, and Shell are poised for gains as the ongoing conflict shows no signs of resolution, impacting supply routes like the Strait of Hormuz. Chevron is nearing a key resistance level around $200, ExxonMobil may rise toward ...
On June 4, 2026, Shell plc purchased a total of 1,220,000 shares for cancellation at an average price of around £32.14 per share. This buyback is part of a previously announced share repurchase program managed independently by Goldman Sachs Internati...
European oil giants like Shell and BP have seen strong stock gains in 2026 due to high crude prices and Middle East tensions disrupting supply. JPMorgan notes these stocks are now fairly valued and vulnerable if a ceasefire leads to eased tensions an...
Oil prices fell after Israel and Lebanon agreed to a ceasefire, easing tensions in the Middle East. This deal is seen as a potential step toward a broader peace that could reopen the Strait of Hormuz, a critical route for global oil and gas shipments...
