Shell news

Elise H. Nowee has been named President of Shell Catalyst & Technologies. She will succeed Andy Gosse, who has served in the role since 2018.

Shell has deployed the OSDU Data Platform – a cloud native, open-source technology which provides the energy industry a toolbox to address the undifferentiated capabilities needed to manage large disconnected data sets.

Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij have signed an agreement to sell Shell Neft LLC, which owns Shell’s retail and lubricants businesses in Russia.

EPRI, Shell, the City of Houston, Greentown Labs, and UFL have announced the start-up participants for the LCHA – a programme designed to support solutions for hydrogen production, storage, and distribution.

Shell Overseas Investment B.V. has signed an agreement with Actis to acquire 100% of Solenergi Power Private Ltd, as well as the Sprng Energy group of companies.

Shell has published its Energy Transition Progress Report 2021 detailing the company’s progress over the past year.

Shell has announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas and LNG in a phased manner, aligned with new government guidance.

Shell has appointed Sinead Gorman as Chief Financial Officer, effective 1 April 2022. She will become a member of the company's Executive Committee and Board of Directors.

At the end of 2021, Shell had around US$3 billion in non-current assets in Russia.

According to Shell's annual LNG Outlook, global trade in LNG increased 6% to 380 million t during 2021, as many countries rebounded from the economic impact of the COVID-19 pandemic.