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Glossary

A
acre
approximately 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 standard cubic feet 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)
scf(/d)
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