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Glossary

A
acre
approximately 0.004 square kilometres
ADS
American Depositary Share
AGM
Annual General Meeting
API
American Petroleum Institute
B
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
Carbon capture and storage
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
EMTN
euro medium-term note
EPS
earnings per share
F
FID
Final investment decision
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)
IPIECA
the global oil and gas industry association for environmental and social issues
L
LNG
liquefied natural gas
LPG
liquefied petroleum gas
LTIP
Long-term Incentive Plan
M
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
OGP
International Association of Oil & Gas Producers
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
scf(/d)
standard cubic feet (per day)
SEC
United States Securities and Exchange Commission
SEPC
Shell Eastern Petrochemicals Complex
SPDC
Shell Petroleum Development Company
T
TRCF
total recordable case frequency
TSR
total shareholder return
U
UK
United Kingdom
W
WTI
West Texas Intermediate