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Glossary

A
acre
approximately 0.4 hectares or 0.004 square kilometres
ADS
American Depositary Share
AGM
Annual General Meeting
B
B2B
Business to Business
bcf/d
billion cubic feet per day
b(/d)
barrels (per day)
boe(/d)
barrels of oil equivalent (per day); natural gas volumes are converted to oil equivalent using a factor of 5,800 scf per barrel
C
CCS
current cost of supplies
CFFO
cash flow from operations
CHF
Swiss franc
CO2
carbon dioxide
CRSC
Corporate and Social Responsibility Committee
D
DBP
Deferred Bonus Plan
D&I
diversity and inclusion
DJSI
Dow Jones Sustainability Indexes
E
EAI
equity-accounted investments
EMTN
euro medium-term note
EOR
enhanced oil recovery
EPS
earnings per share
F
FEED
front-end engineering and design
FID
final investment decision
FLNG
floating liquefied natural gas
G
GHG
greenhouse gas
GTL
gas to liquids
H
HSSE
health, safety, security and environment
I
IFRIC
Interpretation(s) issued by the IFRS Interpretations Committee
IFRS
International Financial Reporting Standard(s)
J
JV
joint venture
K
kb(/d)
thousand barrels (per day)
kboe/d
thousand barrels of oil equivalent per day
km
kilometres
km2
square kilometres
L
LNG
liquefied natural gas
LPG
liquefied petroleum gas
LTIP
Long-term Incentive Plan
M
MEG
mono-ethylene glycol
MMBtu
million British thermal units
mtpa
million tonnes per annum
MW
megawatts
N
NED
Non-executive Director
NGL
natural gas liquids
NGO
non-governmental organisation
NYSE
New York Stock Exchange
O
OECD
Organisation for Economic Co-operation and Development
OMEGA
Only Mono-Ethylene Glycol Advanced
OML
oil mining lease
OPEC
Organization of the Petroleum Exporting Countries
OPL
oil prospecting licence
P
per day
volumes are converted to a daily basis using a calendar year
PSA
production-sharing agreement
PSC
production-sharing contract
PSP
Performance Share Plan
R
R&D
research and development
REMCO
Remuneration Committee
ROACE
return on average capital employed
RSP
Restricted Share Plan
S
SAESOP
Shell All Employee Share Ownership Plan
SAM
Sustainable Asset Management
scf
standard cubic feet (per day)
SEC
United States Securities and Exchange Commission
SEPC
Shell Eastern Petrochemicals Complex
SUBS
Shell subsidiaries
T
tcf
trillion cubic feet
tpa
tonnes per annum
TRCF
total recordable case frequency
TSR
total shareholder return
U
UK
United Kingdom
W
WTI
West Texas Intermediate