Your Portal for Key Energy Information and Research

Royal Dutch Shell PLC

Company Summary

Description

Shell is a global group of energy and petrochemical companies. Our operations are divided into five businesses: Upstream, Integrated Gas, Unconventional Resources, Downstream, and Projects & Technology. Upstream spans our worldwide conventional oil and gas businesses. It explores for natural gas and crude oil, including in deep water, and produces these by developing onshore and offshore fields. Integrated Gas cools natural gas to make liquefied natural gas (LNG) for transportation to customers around the world. It also converts natural gas to liquids (GTL). In addition, the business operates the infrastructure needed to deliver oil and gas to market, and it markets and trades crude oil and natural gas (including LNG) in support of the Upstream business. Unconventional Resources, based in the Americas, produces tight and shale oil and gas. It also extracts bitumen from mined oil sands, which is converted to synthetic crude oil. Downstream manufactures oil products, biofuels and chemicals, which are then distributed and sold. It also trades Shell’s hydrocarbons and other energy-related products, and manages our fleet of natural gas carriers and oil tankers.

Website

http://www.shell.com/

Financial Data:

NYSE:RDS-B from Google Finance
NYSE:RDS.A from Google Finance


Tickers:

  • RDS-B - New York Stock Exchange
  • RDS.A - New York Stock Exchange
  • RDSB - London Stock Exchange Group
  • RDSA - London Stock Exchange Group

Related Entities

Firm Transport Commitments

Project: Elba LNG Train 1
Firm Commitment: 0.25 mtpa

Project: Elba LNG Train 2
Firm Commitment: 0.25 mtpa

Project: Elba LNG Train 10
Firm Commitment: 0.25 mtpa

Project: Colon Natural Gas Power Plant
Firm Commitment: 0.4 mtpa

Project: Elba LNG Train 7
Firm Commitment: 0.25 mtpa

Project: Elba LNG Train 5
Firm Commitment: 0.25 mtpa

Project: Lake Charles LNG Train 2
Firm Commitment: 5.48 mtpa

Project: Elba LNG Train 8
Firm Commitment: 0.25 mtpa

Project: Elba LNG Train 9
Firm Commitment: 0.25 mtpa

Project: East - West Project
Firm Commitment: 175,000 Dth/d

Project: Yamal LNG Train 1
Firm Commitment: 0.9 mtpa

Project: Elba LNG Train 3
Firm Commitment: 0.25 mtpa

Project: Elba Liquefaction Project Phase I
Firm Commitment: 1.5 mtpa

Project: Elba LNG Train 4
Firm Commitment: 0.25 mtpa

Project: Elba LNG Train 6
Firm Commitment: 0.25 mtpa

Project: Lake Charles LNG Train 1
Firm Commitment: 5.48 mtpa

Project: LNG Canada Export Facility
Firm Commitment: 5.6 mtpa

Project: Elba Liquefaction Project Phase II
Firm Commitment: 1 mtpa

Project: Lake Charles LNG Train 3
Firm Commitment: 5.48 mtpa

Project: Mozambique LNG Project
Firm Commitment: 2 mtpa

Recent news

  • 10/6/2020 - Gulf of Mexico Platform... (subscriber access)
  • 10/1/2020 - Petrobras, Shell and... (subscriber access)
  • 9/30/2020 - Shell Reducing... (subscriber access)
  • 9/30/2020 - Shell Cutting... (subscriber access)
  • 9/30/2020 - Shell Issues Prelim 3Q20... (subscriber access)

Investor Presentations

  • 1Q20 Earnings Presentation
  • 4Q19 Investor Presentation (subscriber access)
  • 3Q19 Investor Presentation (subscriber access)
  • Management Day (subscriber access)
  • 1Q19 Investor Presentation (subscriber access)
  • 4Q18 Investor Presentation (subscriber access)
  • 3Q18 Results Presentation (subscriber access)
  • Second quarter 2018 Results (subscriber access)
  • 1Q18 Investor Presentation (subscriber access)
  • LNG Outlook 2018 (subscriber access)
  • 2017 Management Day Presentation (subscriber access)
  • 3Q17 Investor Presentation (subscriber access)
  • 2Q17 Investor Presentation (subscriber access)
  • 1Q17 Investor Presentation (subscriber access)
  • Fourth Quarter 2016 Earnings Presentation (subscriber access)
  • Management Day - November 8, 2016 (subscriber access)

Company Transactions

Date: 12/31/2020
Type: Acquisition

NOTES:
Kosmos Energy has reached an agreement with Shell subsidiary B.V. Dordtsche Petroleum Maatschappij to farm down interests in frontier exploration assets for $200 million, including future contingent payments of $100 million.
REGIONS:
  • Africa
  • Date: 12/31/2020
    Type: Acquisition

    NOTES:
    Shell's North Sea subsidiary has reached a deal to divest its stake in the Kvitebjørn and Valemon fields to Poland's PGNiG. The deal will boost the firms gas production in Norway by 45% from 2019 to 0.9 billion cubic meters.
    REGIONS:
  • North Sea
  • Date: 7/30/2020
    Type: Acquisition

    DETAILS:

    COST: 541 $MM

    VOLUMES: 250 Mmcf/d

    ACRES: 450000 Acres

    NOTES:
    Shell has reached a deal with National Fuel Gas for the sale of their Appalachian shale gas position for $541 million. The position covers 450,000 net acres across Pennsylvania and 250 Mmcf/d in production. Closing is planned for late-July 2020.
    REGIONS:
  • Appalachia
  • Date: 7/30/2020
    Type: Acquisition

    DETAILS:

    VOLUMES: 105 Mmcfe/d

    NOTES:
    Tokyo Gas has acquired additional Haynesville acreage from BG US Production Company (a subsidiary of Shell, through its own Castleton Resources. The deal adds 105 Mmcfe/d in production, bringing Castleton's volumes of 343 Mmcfe/d. By funding the deal, Tokyo Gas will boost its position in Castleton from 30% to 46%.
    REGIONS:
  • Haynesville-Bossier Shale
  • Date: 5/15/2020
    Type: Acquisition

    NOTES:
    Shell Midstream Partners has acquired additional interest in pipeline assets from Royal Dutch Shell, including a 79% interest in the Mattox Pipeline and logistical assets at the Norco Manufacturing Complex. Shell Midstream & Royal Dutch Shell will also be eliminating incentive distribution rights and economic general interest in Shell Midstream. In exchange for the assets, Shell will receive 160 million new common units in the midstream firm and $1.2 billion in Series A convertible preferred units. Closing is expected in the second quarter of 2020.
    REGIONS:
  • Gulf of Mexico
  • Gulf Coast
  • Date: 1/31/2020
    Type: Acquisition

    DETAILS:

    COST: 330 $MM

    VOLUMES: 5 M Bbls/d

    ACRES: 56000 Acres

    NOTES:
    Equinor and Shell have bought Schlumberger's 49% stake in the Bandurria Sur onshore block of Argentina's Vaca Muerta Shale for $355 million. The block includes 56,000 gross acres and YPF is the operator with a 51% stake. Current production is 10 Mbbl/d.
    REGIONS:
  • Vaca Muerta
  • Date: 12/30/2019
    Type: Acquisition

    DETAILS:

    VOLUMES: 334 Mmcf/d

    ACRES: 222400 Acres

    NOTES:
    Castleton Resources, a JV owned by Castleton Commodities and Tokyo Gas, closed on the purchase of Shell's Haynesville Shale Assets which were held by BG. The deal included 222,400 net acres and 334 Mmcfe/d in production. Concurrently, Tokyo Gas increased its stake in the JV from 30% to 46%.
    REGIONS:
  • Haynesville-Bossier Shale
  • Date: 12/30/2019
    Type: Acquisition

    NOTES:
    Just Energy finalized the sale of the Hudson Energy Supply UK Ltd. group to Shell for C$2.8 million. The deal is part of Just Energy's efforts to refined their focus to North America and boost liquidity.
    REGIONS:
  • Europe
  • Date: 12/30/2019
    Type: Acquisition

    ASSETS:
  • SASREF Refinery
  • DETAILS:

    COST: 631 $MM

    VOLUMES: 305 M Bbls/d

    NOTES:
    Saudi Aramco acquired Shell's 50% stake in Saudi refining complex SASREF, a joint venture between the Companies, for $631 million. SASREF contains a crude oil refining capacity of 305 Mbbls/d.
    REGIONS:
  • Middle East
  • Date: 10/17/2019
    Type: Acquisition

    DETAILS:

    COST: 145 $MM

    VOLUMES: 28.6 MBOE/d

    NOTES:
    Pieridae Energy signed a purchase and sale agreement with Shell to purchase all of its midstream and upstream assets in the southern Alberta Foothills for $145 million.
    REGIONS:
  • Western Canadian Sedimentary Basin
  • Date: 7/31/2019
    Type: Acquisition

    BUYERS:
  • Equinor ASA
  • DETAILS:

    COST: 965 $MM

    VOLUMES: 22.45 Percent

    NOTES:
    Shell completed the sale of its 22.45% non-operated interest in the Caesar-Tonga asset in the Gulf of Mexico to Equinor for $965 million.
    REGIONS:
  • Gulf of Mexico
  • Date: 7/25/2019
    Type: Acquisition

    REGIONS:
  • Gulf of Mexico
  • Date: 6/30/2019
    Type: Acquisition

    NOTES:
    Shell Midstream Partners acquired Shell's 25.97% equity interest in Explorer Pipeline Company and 10.125% equity interest in Colonial Pipeline Company in a deal valued at $800 million

    Date: 4/11/2019
    Type: Acquisition

    BUYERS:
  • Delek Group
  • DETAILS:

    COST: 965 $MM

    NOTES:
    Shell agreed to sell its 22.45% non-operated interested in the Caesar-Tonga asset in the U.S. Gulf of Mexico to Delek Group for $965 million
    REGIONS:
  • Gulf of Mexico
  • Date: 4/3/2019
    Type: Acquisition

    DETAILS:

    ACRES: 43000 Acres

    NOTES:
    Pin Oak Energy Partners has acquired 43,000 net Utica Acres from SWEPI LP (Shell), bringing their total holdings in the play to 167,000 net acres.
    REGIONS:
  • Utica
  • Date: 3/30/2019
    Type: Acquisition

    DETAILS:

    COST: 84.8 $MM

    NOTES:
    Shell spent $84.8 million on March 20, 2019, for U.S. Gulf of Mexico oil and gas leases.
    REGIONS:
  • Gulf of Mexico
  • Date: 11/30/2018
    Type: Acquisition

    NOTES:
    CPPIB to complete the acquisition of Shell Exploration Company B.V.'s 45% stake in the Corrib natural gas field.
    REGIONS:
  • Europe
  • Date: 11/30/2018
    Type: Acquisition

    BUYERS:
  • OKEA AS
  • DETAILS:

    COST: 556 $MM

    VOLUMES: 25 MBOE/d

    NOTES:
    A/S Norske Shell has reached a deal to divest its 44.65% stake in the Draugen field and a 12% interest in the Gjøa field in Norway to OKEA AS.
    REGIONS:
  • Norwegian Sea
  • North Sea
  • Date: 11/21/2018
    Type: Acquisition

    DETAILS:

    COST: 300 $MM

    NOTES:
    The Country of East Timor has entered into a deal with Shell to acquire their 26.25& stake in the Greater Sunrise natural gas field of Australia for $300 million.
    REGIONS:
  • Australia
  • Date: 11/15/2018
    Type: Acquisition

    BUYERS:
  • OMV AG
  • DETAILS:

    COST: 578 $MM

    NOTES:
    Royal Dutch Shell has entered into a deal to divest its entities in New Zealand for $578 million to OMV New Zealand following a two-year strategic review. The deal includes multiple tank farms and an interest in the Great South Basin which has a current $50 million drilling commitment.
    REGIONS:
  • Asia Pacific
  • International
  • Date: 9/30/2018
    Type: Acquisition

    BUYERS:
  • Raízen
  • DETAILS:

    COST: 0.95 $B

    NOTES:
    Shell has entered into a deal with Raízen to sell its downstream business in Argentina. The deal includes the Buenos Aires Refinery, 645 retail locations, liquefied petroleum gas, marine fuels, aviation fuels, bitumen, chemicals and lubricants businesses and supply & distribution throughout the country.
    REGIONS:
  • South America
  • Date: 9/1/2018
    Type: Acquisition

    NOTES:
    Petronas has acquired a 25% stake in the LNG Canada Development
    REGIONS:
  • Canada
  • Date: 6/20/2018
    Type: Acquisition

    NOTES:
    Shell has finalized the sale of its 15% share in Malaysia LNG Tiga Sdn Bhd to the Sarawak State Financial Secretary
    REGIONS:
  • Asia
  • Date: 5/11/2018
    Type: Acquisition

    NOTES:
    Shell Midstream announced that they will be purchasing Shell's stake in the Amberjack Pipeline Company for $1.22 billion, which includes 75% of Series A and 50% of Series B holdings.
    REGIONS:
  • Gulf of Mexico
  • Date: 5/9/2018
    Type: Acquisition

    NOTES:
    Royal Dutch Shell has entered into a deal to sell its 97.56 million share stake in Canadian Natural Resources which will consist of pre-tax proceeds of $3.3 billion.
    REGIONS:
  • Canada
  • International
  • Date: 5/8/2018
    Type: Acquisition

    NOTES:
    Shell has acquired a majority stake in GI Endurant, LLC dba GI Energy, which will operate as an affiliate of Shell New Energies, U.S. LLC.
    REGIONS:
  • North America
  • Date: 5/7/2018
    Type: Acquisition

    DETAILS:
    NOTES:
    Air Products has closed on the acquisition of Shell's Coal Gasification Technology business and they have formed a strategic alliance with Shell to advance residue gasification tech in refinery complexes.

    Date: 5/2/2018
    Type: Acquisition

    NOTES:
    Production for the Ram Powell field averaged approximately 6,100 barrels of oil equivalent per day during 2017. The Ram Powell TLP is located in 3,200 feet of water in Viosca Knoll Area, Block 956, and is capable of processing 60,000 barrels of oil per day and 200 million cubic feet of gas per day.
    REGIONS:
  • Gulf of Mexico
  • Date: 2/15/2018
    Type: Acquisition

    DETAILS:

    COST: 217 $MM

    NOTES:
    Shell has acquired a 43.83% interest in Silicon Ranch Corporation from Partners Group for $217 million in cash.
    REGIONS:
  • United States
  • Date: 1/1/2018
    Type: Acquisition

    DETAILS:

    COST: 150.3 $MM

    NOTES:
    Shell has announced the conditional sale of its Liquefied Petroleum Gas (LPG) business in Hong Kong and Macau to DCC Energy for a total enterprise value of US$ 150.3 million (approximately HK$ 1,165 million).
    REGIONS:
  • Asia
  • Date: 12/31/2017
    Type: Acquisition

    NOTES:
    This included Triton West LLC, the owner of five refined product terminals, 41.48% of LOCAP LLC, 22.9% of Mars Oil Pipeline Company, another 22% in Odyssey Pipeline and a 10% stake in Explorer Pipeline Company.
    REGIONS:
  • United States
  • Date: 11/15/2017
    Type: Acquisition

    DETAILS:

    COST: 900 $MM

    NOTES:
    Sale of Shell's stake in an offshore Thai gas field
    REGIONS:
  • Central Asia
  • Date: 11/1/2017
    Type: Acquisition

    DETAILS:

    COST: 3 $B

    VOLUMES: 120 MBOE/d

    NOTES:
    Consist of an initial $3 billion payment followed by additional payments between 2018 and 2021.
    REGIONS:
  • North Sea
  • Date: 10/11/2017
    Type: Acquisition

    NOTES:
    Shell Gas BV, Shell Brazilian Holding BV and Integral Investments BV have signed an agreement to divest a 16.8% interest in Companhia de Gas de Sao Paulo (Comgas) for $380 million to Cosan Ltd.
    REGIONS:
  • South America
  • Date: 9/30/2017
    Type: Acquisition

    DETAILS:

    ACRES: 5300 Acres

    NOTES:
    Upstream divestments completed during the quarter totalled some $187 million, which included the sale of approximately 5,300 non-core acres and associated producing assets in the East Haley area of the Permian Delaware Basin in the USA.
    REGIONS:
  • Delaware Basin
  • Date: 8/16/2017
    Type: Acquisition

    DETAILS:

    COST: 820 $MM

    VOLUMES: 4 mtpa

    NOTES:
    Shell and SABIC have signed an agreement whereby SABIC will acquire Shell’s 50% share in the petrochemicals SADAF joint venture, located in Jubail, Kingdom of Saudi Arabia for $820 million. The SADAF joint venture encompasses six world-scale petrochemical plants with a total output of more than 4 million metric tons per year. This announcement marks an early termination of the joint venture agreement which was due to expire in 2020.
    REGIONS:
  • Middle East
  • Date: 6/30/2017
    Type: Acquisition

    DETAILS:
    NOTES:
    Shell announced an agreement to acquire Chevron's interests in Trinidad and Tobago, including its interests in the East Coast Marine Area Blocks 6b, 5a and E.
    REGIONS:
  • Latin America
  • Date: 6/30/2017
    Type: Acquisition

    DETAILS:

    COST: 587 $MM

    VOLUMES: 41 MBOE/d

    NOTES:
    Shell is selling 100% of its Gabon onshore assets
    REGIONS:
  • Africa
  • Date: 5/31/2017
    Type: Acquisition

    REGIONS:
  • Athabasca Oil Sands
  • Date: 5/31/2017
    Type: Acquisition

    NOTES:
    Shell has signed an agreement with Viva Energy Australia Pty Ltd (“Viva Energy”) for the sale of Shell Aviation Australia Pty Ltd for a total transaction value of approximately $250 million USD. It follows the sale of Shell’s other downstream activities in the country to Viva Energy in 2014.
    REGIONS:
  • Australia
  • Date: 5/10/2017
    Type: Acquisition

    REGIONS:
  • Gulf Coast
  • Gulf of Mexico
  • Date: 5/1/2017
    Type: Acquisition

    NOTES:
    Under the terms of the separation, Saudi Aramco received the following: - Full ownership of Motiva Enterprises LLC - Port Arthur Refinery - 24 Distribution Terminals - Rights to market Shell-branded gasoline and diesel in Georgia, North Carolina, South Carolina, Virginia, Maryland and Washington, D.C., as well as the eastern half of Texas and the majority of Florida. Meanwhile, Shell will receive the following: - Convent Refinery - Norco Refinery - 11 Distribution Terminals - Shell-branded markets in Alabama, Mississippi, Tennessee, Louisiana, a portion of the Florida panhandle, and the North-eastern region of the U.S
    REGIONS:
  • United States
  • Date: 1/1/2017
    Type: Acquisition

    DETAILS:

    COST: 1.9 $B

    VOLUMES: 67 MBOE/d

    NOTES:
    Shell reached an agreement with Noreco to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) for a consideration amount of $1.9 billion. The sale depicts production of some 67 Mboe/d (Shell's share) in 2017. The transaction is expected to close in 2019 and will contain an effective date of January 1, 2017.
    REGIONS:
  • North Sea
  • Date: 9/28/2016
    Type: Acquisition

    NOTES:
    Shell Midstream Partners acquired an additional 20 percent equity interest in Mars Oil Pipeline Company and 49 percent interest in Odyssey Pipeline LLC from Shell for total purchase price of $350 million.
    REGIONS:
  • Gulf of Mexico
  • Delaware Basin
  • Date: 8/29/2016
    Type: Acquisition

    DETAILS:

    COST: 425 $MM

    NOTES:
    Royal Dutch Shell sold 100 per cent of its interest in Gulf of Mexico Green Canyon Blocks 114, 158, 202 and 248.
    REGIONS:
  • Gulf of Mexico