v3.25.2
Climate change and energy transition - MidPrice Outlook (Details)
12 Months Ended
Dec. 31, 2023
$ / bbl
2024 | Shell mid-price
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
69
2024 | Average prices from four 1.5-2 degrees Celsius external climate change scenarios
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
94
2024 | IEA NZE50
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
86
2024 | NGFS GCAM NZE 2050
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
74
2024 | IEA APS
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
94
2025 | Shell mid-price
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
67
2025 | Average prices from four 1.5-2 degrees Celsius external climate change scenarios
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
80
2025 | IEA NZE50
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
79
2025 | NGFS GCAM NZE 2050
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
75
2025 | IEA APS
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
91
2030 | Shell mid-price
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
70
2030 | Average prices from four 1.5-2 degrees Celsius external climate change scenarios
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
50
2030 | IEA NZE50
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
43
2030 | NGFS GCAM NZE 2050
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
77
2030 | IEA APS
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
76
2035 | Shell mid-price
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
70
2035 | Average prices from four 1.5-2 degrees Celsius external climate change scenarios
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
39
2035 | IEA NZE50
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
39
2035 | NGFS GCAM NZE 2050
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
81
2035 | IEA APS
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
72
2040 | Shell mid-price
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
70
2040 | Average prices from four 1.5-2 degrees Celsius external climate change scenarios
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
37
2040 | IEA NZE50
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
34
2040 | NGFS GCAM NZE 2050
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
83
2040 | IEA APS
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
68
2050 | Shell mid-price
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
70
2050 | Average prices from four 1.5-2 degrees Celsius external climate change scenarios
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
40
2050 | IEA NZE50
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
26
2050 | NGFS GCAM NZE 2050
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
112
2050 | IEA APS
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
61
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