Key facts: Shell sells Gulf stakes; $1bn SA sites sale; LNG flat 2027

Shell Plc (SHEL) agreed to sell Gulf of Mexico Na Kika, Coulomb and Gulf of America stakes to Talos/Ridgewood; BP remains operator. Transaction preserves Shell offtake, upside paym

Shell Plc (SHEL) agreed to sell Gulf of Mexico Na Kika, Coulomb and Gulf of America stakes to Talos/Ridgewood; BP remains operator. Transaction preserves Shell offtake, upside payments and royalties.
Shell Plc (SHEL) is in advanced talks to sell about 600 South African fuel stations (≈10% market share) to Adnoc Distribution for about $1 billion; deal reportedly near announcement.
Shell (SHEL) sees global physical LNG cargo volumes roughly flat year‑over‑year, with growth only returning in 2027; recovery hinges on Strait of Hormuz shipping resuming, else supply could shrink.
SHEL notes ~180 million tpy new LNG supply by 2030; global LNG demand may reach ~700 million tpy by 2050. About 200 million tpy more liquefaction capacity needed; Asia ~40% of imports.