Strong Cash Flow Performance
Achieved impressive cash flow growth in a declining commodity environment, outperforming peer group expectations.
Capital Cost Reduction
Driven capital costs down significantly, with 2024 likely coming in below the low end of the range, setting a strong foundation for 2025.
Investment in LNG and Deep Water Strength
Continued strategic investment in LNG and deep water, with recent acquisitions and FIDs that reinforce Shell's leading position in these sectors.
Efficiency and Cost-Cutting
Progress in cost-cutting initiatives, with substantial improvements in operational efficiency contributing to strong financial results.
Strong Marketing Business Performance
Achieved a 20% increase in marketing business earnings year-to-date, despite the same average crude price as the previous year.