v3.25.4
Climate change and energy transition - MidPrice Outlook (Details)
12 Months Ended
Dec. 31, 2025
$ / bbl
2026 | IEA Current Policies
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
82
2026 | IEA Stated Policies
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
81
2026 | Shell mid-price
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
59
2026 | Average prices from three 1.5-2°C external climate change scenarios
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
67
2026 | IEA NZE50
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
72
2030 | IEA Current Policies
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
86
2030 | IEA Stated Policies
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
81
2030 | Shell mid-price
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
70
2030 | Average prices from three 1.5-2°C external climate change scenarios
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
56
2030 | IEA NZE50
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
55
2035 | IEA Current Policies
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
90
2035 | IEA Stated Policies
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
81
2035 | Shell mid-price
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
70
2035 | Average prices from three 1.5-2°C external climate change scenarios
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
41
2035 | IEA NZE50
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
34
2040 | IEA Current Policies
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
97
2040 | IEA Stated Policies
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
83
2040 | Shell mid-price
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
70
2040 | Average prices from three 1.5-2°C external climate change scenarios
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
38
2040 | IEA NZE50
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
31
2045 | IEA Current Policies
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
103
2045 | IEA Stated Policies
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
80
2045 | Shell mid-price
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
70
2045 | Average prices from three 1.5-2°C external climate change scenarios
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
35
2045 | IEA NZE50
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
29
2050 | IEA Current Policies
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
108
2050 | IEA Stated Policies
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
78
2050 | Shell mid-price
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
70
2050 | Average prices from three 1.5-2°C external climate change scenarios
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
33
2050 | IEA NZE50
Disclosure of Climate Change and Energy Transition [Line Items]
Expected oil price (USD per barrel)
26
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