Shell plc
British multinational oil and gas company
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| March 2025 | Shell completed a $1.3 billion divestment of its Niger Delta subsidiary to Renaissance Africa Energy Holdings, following regulatory delays and as part of the company's strategy to simplify its presence in Nigeria and focus on deepwater and integrated gas positions. |
| February 26 2025 | Shell inaugurated its first Shell-branded fuel station in over six decades, located at the B.S. Cooray Filling Station in Ambathale, Colombo District, marking its return to Sri Lanka's fuel retail market. |
| 2024 | Shell is preparing to sell its onshore business in Nigeria's Niger Delta for $2.4 billion to a consortium led by Renaissance, including ND Western, Aradel Energy, First E&P, Waltersmith, and Petrolin, pending national government approval. |
| 2024 | Shell extends its long-term cooperation contract with Ducati in the Netherlands, securing partnership until the end of 2027. |
| November 12 2024 | The Hague's appeals court dismissed the 2021 ruling that had required Shell to cut absolute carbon emissions by 45% by 2030. |
| May 2024 | Shell announced its exit from the China power market business, deciding to focus on more profitable operations. |
| April 2024 | Shell appealed the 2021 ruling requiring carbon emissions reduction, with appeal case hearings taking place in April. |
| March 2024 | Shell CEO Wael Sawan announced moderation of near-term carbon emissions reduction targets, reducing net carbon intensity target to 15% from 20% and dropping the 45% emissions reduction target by 2035. |
| January 2024 | Shell's ownership composition revealed, with BlackRock Investment Management UK holding the largest stake at 4.061% of the company's shares. |
| 2023 | Shell Trading (US) Company initiated first deliveries of sustainable aviation fuel (SAF) from Montana Renewables, entering a multi-year agreement to distribute decarbonization fuel across the country. |
| 2023 | Rebranded Ubitricity chargepoints under the Shell Recharge brand. |
| 2023 | Shell becomes the official fuel supplier for the IndyCar Series, providing E100 race fuel to all teams. |
| 2023 | Shell's revenue moderated to $316 billion with net income decreasing to $19.3 billion, maintaining its workforce at 87,000 employees. |
| January 2023 | Wael Sawan succeeded Ben van Beurden as CEO of Shell. |
| 2022 | Shell completed the sale of their interest in the Deer Park refinery to Pemex. |
| 2022 | Shell moves its headquarters to the United Kingdom. |
| 2022 | Shell and Eni were acquitted in the corruption trial related to the 2011 OPL 245 oil field purchase in Nigeria. |
| 2022 | Shell reported over $30 billion in profit for the first three quarters of the year, while simultaneously facing a class action lawsuit from Ogale region farmers over environmental destruction caused by oil spills. |
| 2022 | Shell reported regional sales distribution, with Asia, Oceania, and Africa representing the largest share at 33.2%, followed by the United States at 22.8%, Europe at 22.5%, the United Kingdom at 13.2%, and Other Americas at 8.3%. |
| 2022 | Shell reported sales breakdown across its business segments, with Chemicals and Products representing 37.9%, Service stations 31.6%, Integrated Gas 14.4%, Renewable and Energy Solutions 13.9%, and Upstream 2.2%. |
| 2022 | Shell achieved a record net income of $42.3 billion with revenue rising to $381 billion, demonstrating strong financial performance with 87,000 employees. |
| December 2022 | U.S. House Oversight and Reform Committee accused Shell of greenwashing, misrepresenting Paris Agreement carbon neutrality pledges, and potentially intimidating journalists reporting on the company's climate actions. |
| November 2022 | Shell Petroleum NV acquired Nature Energy Biogas A/S, a renewable natural gas producer, for nearly US$2 billion. |
| April 2022 | Shell prepared to book up to $5 billion in impairment charges from exiting its business interests in Russia. |
| March 2022 | Announced an agreement with Pad Multiegy to restore the brand and sell Shell products in over 500 Italian service stations, with the first station inaugurated. |
| March 8 2022 | Shell announced it would stop buying Russian oil and gas and close its service stations in Russia during the Russian invasion of Ukraine. |
| February 2022 | Shell exited all its joint ventures with Gazprom in response to the Russian invasion of Ukraine. |
| January 2022 | Shell merged its A and B shares, moved its headquarters to London, and changed its legal name to Shell plc. |
| January 21 2022 | Shell's name change was officially registered in the Companies House, becoming Shell plc. |
| 2021 | Netherlands officials ordered Shell to stop a campaign claiming customers could make fuel 'carbon neutral' through offsets, concluding the claim lacked evidence. |
| 2021 | Shell began recovery with revenue increasing to $261 billion and returning to profitability with a net income of $20.1 billion, maintaining 82,000 employees. |
| December 3 2021 | Shell was denied a legal challenge by a South African high court regarding seismic testing in humpback whale breeding grounds, despite environmental groups arguing the tests could cause 'irreparable harm' to marine life along the eastern coastline. |
| November 15 2021 | Royal Dutch Shell plc announced plans to change its name to Shell plc. |
| May 2021 | The district court of The Hague ruled that Shell must reduce carbon dioxide emissions by 45% by 2030 compared to 2019 levels. |
| February 2021 | Shell issues a pledge to become net-zero by 2050, which the plaintiffs considered inadequate for meeting Paris Agreement goals. |
| February 25 2021 | Acquired German Virtual Power Plant company Next Kraftwerke, which connects renewable electricity generation and storage projects. |
| January 29 2021 | A Dutch court ruled that Shell was responsible for multiple oil leaks in Nigeria, further highlighting the company's environmental challenges in the region. |
| January 26 2021 | Acquired Ubitricity, owner of the largest public electric vehicle charging network in the United Kingdom. |
| 2020 | Shell sold the Martinez Refinery in California to PBF Energy, marking the end of its first U.S. refinery's operations. |
| 2020 | Shell joined the Northern Lights Carbon Capture and Storage (CCS) project, a collaborative initiative with Equinor and Total, designed to store liquid carbon dioxide beneath the seabed in Norway. |
| 2020 | Shell experienced a major financial downturn with revenue plummeting to $180 billion and a substantial net loss of $21.6 billion, likely due to the global COVID-19 pandemic, with 87,000 employees. |
| December 2020 | Hearings for the Milieudefensie v Royal Dutch Shell lawsuit are held at the district court in The Hague, with plaintiffs demonstrating potential alternative business models for emissions reduction. |
| November 2020 | Shell announced plans to reduce oil-processing capacity in Singapore as part of efforts to curtail pollution emissions, signaling a strategic shift towards environmental sustainability in their Asia Pacific petrochemical operations. |
| August 2020 | Due to economic challenges from the COVID-19 pandemic, Pilipinas Shell announced the permanent shutdown of its 110,000 bbl/d refinery in Tabangao, Batangas, which had been in operation since 1962, and plans to convert it into an import terminal. |
| April 2020 | Shell announced plans to achieve net zero greenhouse gas emissions by 2050 or sooner, and pledged to reduce carbon intensity of energy products by 20% by 2030 and 45% by 2035 compared to 2016 levels. |
| April 30 2020 | Shell cut its dividend for the first time since World War II due to the oil price collapse during the COVID-19 pandemic. |
| 2019 | Revenue declined to $344 billion, with net income dropping to $15.8 billion, while maintaining approximately 83,000 employees. |
| August 13 2019 | Shell USA instructed approximately 6,000 workers and contractors to either attend a Donald Trump speech or take an unpaid day off, effectively losing about $700 in overtime and per diem compensation. Union leaders were not consulted, and contractor management was prohibited from protesting the event. |
| July 2019 | Installed first 150 kW electric car chargers at London petrol stations and planned 350 kW chargers in Europe through IONITY agreement. |
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This contents of the box above is based on material from the Wikipedia articles Shell plc, Shell Nigeria, Shell USA, Shell V-Power & Milieudefensie v Royal Dutch Shell, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.