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CORPORATE STRATEGY

Shell's Gas and Power Tilt Takes Shape Down Under

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  • In the space of just a few years, Shell has become an integrated power player and decarbonization solutions provider in Australia.
  • Its Australian oil and gas exploration activity has meanwhile shrunk and it is hard to see many catalysts for an uptick in spending.
  • High gas prices are a boon for Shell, which has built a large and low-cost gas portfolio in Australia to meet growing demand from Asia.

The Issue

Topics:
Corporate Strategy , Exploration, Upstream Projects, CO2 Emissions, Majors, LNG Supply, Offshore Oil and Gas, Renewable Electricity , Nature-Based Solutions
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