Record Adjusted Earnings and Cash Flow
Shell achieved adjusted earnings of $5.6 billion in Q1 2025, up 52% compared to Q4, and generated $11.9 billion of cash flow from operations.
Strategic Acquisitions and Divestments
Successfully completed the acquisition of Pavilion Energy and divestments of the Energy and Chemicals Park in Singapore and onshore Nigeria.
Operational Milestones in Upstream and Projects
Significant progress in projects like Gato do Mato in Brazil and Phase 2 of Northern Lights in Norway. Notable operational successes include the Penguins FPSO in the UK North Sea and Dover in the Gulf of America.
Shareholder Returns
Announced a $3.5 billion share buyback program, marking the 14th consecutive quarter with buybacks of $3 billion or more.
Marketing Segment Performance
Mobility and Lubricants performed well, showing increased premium product margins.