[...] in the current economic and market environment. We still intend to develop the Browse field. Shell and its partners in the LNG Canada joint venture (Shell interest 50%) decided to postpone a final investment decision (FID) on the proposed export project in British Columbia. We decided to delay the [...]
[...] gas project located in a subarctic environment. We have a 50% interest in the Salym fields in western Siberia, Khanty Mansiysk Autonomous District, where production was approximately 125 thousand boe/d in 2016. As a result of European Union and US sanctions prohibiting certain defined oil and gas [...]
[...] Owner groups, while meeting 1,500 environmental conditions. Shell is the majority interest holder in the QGC venture. The partners in the LNG plant on Curtis Island are CNOOC (50% equity in Train 1) and Tokyo Gas (2.5% equity in Train 2). In November 2015, QGC announced the Charlie project on its [...]
[...] factors, including the macroeconomic environment, the current balance sheet and future investment plans. Scrip Dividend Programme The Company’s Scrip Dividend Programme enables shareholders to increase their shareholding by choosing to receive new shares instead of cash dividends (if approved by [...]
[...] Despite the challenging market environment, it is important that we continue to invest in the most competitive projects. That is why we took final investment decisions on petrochemicals projects in China and the USA in 2016 and a deep-water project in the US Gulf of Mexico in early 2017. But we [...]
[...] Shell in the areas of safety and environment, contracting and procurement, wells activities and greenhouse gas management. Segmental reporting Our reporting segments are Integrated Gas, Upstream, Downstream and Corporate. Upstream combines the operating segments Upstream (managed by our Upstream [...]
[...] factors, including the macroeconomic environment, the current balance sheet and future investment plans. We see potential for at least $25 billion of buybacks in the period 2017-2020, subject to debt reduction and recovery in oil prices. Four levers We have identified four levers to manage through [...]
[...] Prelude FLNG Collaborative Working Environment, which will provide 24/7 communications and support during operations, is up and running in Shell’s Perth headquarters. Pennsylvania Chemicals (Shell interest 100%, Shell operated) On June 7, 2016, we announced the FID on a new 1.5-mtpa cracker and [...]