Shell, Hyundai Motor Strengthen 20-Year Partnership With Renewed Global Cooperation Agreement

'Shell-Unimot Talks on Russia-Linked Refinery Said to Have Ended' - Bloomberg

https://www.bloomberg.com/news/articles/2026-08-27/shell-unimot-talks-on-russia-linked-refinery-said-to-have-ended

Reuters Reported President Trump Expected To Convene Meeting With U.S. Refiners And Fuel Retailers Next Week To Highlight Efforts To Bring Down Gas Prices

Shell's CEO Warned Oil Prices Would Keep Rising. Hormuz Talks Are Testing That Call. Here's What It Means for SHEL Stock.

Shell CEO Wael Sawan's prediction of rising oil prices faces near-term headwinds as Iran-Oman talks about reopening the Strait of Hormuz have driven crude prices down to their lowest levels since August. However, Sawan's long-term outlook (5-10 years) remains bullish, based on the belief that most easy-to-extract oil and gas resources are depleted, requiring higher prices to develop remaining reserves. Shell is strategically shifting focus toward upstream oil and LNG operations to capitalize on this expected long-term price appreciation.

Transaction in Own Shares

Shell plc purchased 1.725 million shares for cancellation on August 26, 2026, across multiple trading venues. The purchases were made at prices ranging from £33.28 to €39.47 per share, with Goldman Sachs International managing the trades independently as part of Shell's share buyback program running through October 23, 2026.