Shell Discontinues Brazilian Renewable Projects

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March 28, 2025 at 12:26 am EDT

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Shell Discontinues Brazilian Renewable Projects	12:26am	MT
Shell scraps solar, onshore wind power projects in Brazil	Mar. 27	RE
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Equinor, Shell and Totalenergies move forward with Norhtern Lights project	Mar. 27	FW
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Stocks up as Chancellor acts to calm fiscal worry	Mar. 26	AN
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Pound weak as investors await spring budget cuts	Mar. 26	AN
SHELL : Bank of America remains positive after CMD	Mar. 26	CF
Berenberg Lifts Price Target on Shell to GBP33 From GBP32.50, Keeps Buy Rating	Mar. 26	MT
SHELL (NEU) : Receives a Buy rating from Berenberg	Mar. 26	ZD
RBC Ups Shell’s Price Target on Better Earnings Forecast, Lower Capex Guidance	Mar. 26	MT
RBC Raises Price Target on Shell to GBP38 From GBP35, Keeps Outperform Rating	Mar. 26	MT
Goldman reinitiates WPP; DZ raises Rio Tinto	Mar. 26	AN
SHELL : Berenberg raises TP	Mar. 26	CF

Duration

Period

SHEL: Dynamic Chart

Shell plc specializes in oil and natural gas production and distribution. Net sales break down by activity as follows:

– refining of crude oil (32%): owns, at the end of 2024, 8 refineries worldwide. Shell plc is also involved in the manufacturing of chemical and petrochemical products (olefins, aromatic products, solvents, ethylenes, propylenes, phenols, additives, etc.);

– marketing of petroleum products (42.2%): operation of a network of more than 44,000 service stations worldwide;

– production of liquefied natural gas (13.1%);

– production of electricity from renewable sources (10.3%);

– crude oil and natural gas exploration and production (2.3%);

– other (0.1%).

Net sales are distributed geographically as follows: the United Kingdom (9.9%), Europe (22.6%), Asia-Oceania-Africa (34.6%), the United States (22.9%) and America (10%).

More about the company

Sell

Buy

Last Close Price

36.58USD

Average target price

42.68USD

Spread / Average Target

+16.66%

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