v3.26.1
Segment Information - Identified Items (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Identified items included in Income/(loss) before taxation          
Divestment gains/(losses) $ 634 $ 60 $ 457 $ 694 $ 351
Impairment reversals/(impairments) (665) (263) (1,261) (929) (1,602)
Redundancy and restructuring (124) (131) (119) (255) (164)
Fair value accounting of commodity derivatives and certain gas contracts 932 (2,932) 319 (2,000) 512
Other (119) (20) (113) (139) (325)
Total identified items included in Income/(loss) before taxation 658 (3,286) (717) (2,628) (1,227)
Total identified items included in Taxation (charge)/credit (258) 884 369 626 68
Identified items included in Income/(loss) for the period          
Divestment gains/(losses) 426 99 458 525 250
Impairment reversals/(impairments) (583) (255) (908) (838) (1,225)
Redundancy and restructuring (94) (95) (88) (188) (112)
Fair value accounting of commodity derivatives and certain gas contracts 733 (2,388) 307 (1,655) 494
Impact of exchange rate movements and inflationary adjustments on tax balances 21 257 23 277 131
Other (104) (20) (139) (124) (697)
Impact on Income/(loss) for the period 400 (2,402) (348) (2,002) (1,160)
Impact on Income/(loss) attributable to non-controlling interest 0 (3) 0 (3) 0
Impact on Income/(loss) attributable to Shell plc shareholders 400 (2,399) (348) (1,999) (1,160)
Integrated Gas          
Identified items included in Income/(loss) before taxation          
Divestment gains/(losses) 16 136 63 151 62
Impairment reversals/(impairments) (13) 0 (672) (13) (672)
Redundancy and restructuring 5 (13) (7) (7) (8)
Fair value accounting of commodity derivatives and certain gas contracts (31) (721) 514 (751) 934
Other 0 0 0 0 (70)
Total identified items included in Income/(loss) before taxation (23) (598) (102) (620) 246
Total identified items included in Taxation (charge)/credit 12 100 203 113 160
Identified items included in Income/(loss) for the period          
Divestment gains/(losses) 13 133 54 145 53
Impairment reversals/(impairments) (13) 0 (423) (13) (423)
Redundancy and restructuring 4 (9) (4) (5) (5)
Fair value accounting of commodity derivatives and certain gas contracts (15) (634) 454 (648) 817
Impact of exchange rate movements and inflationary adjustments on tax balances 1 13 20 13 24
Other 0 0 0 0 (59)
Impact on Income/(loss) for the period (10) (497) 101 (508) 407
Impact on Income/(loss) attributable to non-controlling interest 0 0 0 0 0
Impact on Income/(loss) attributable to Shell plc shareholders (10) (497) 101 (508) 407
Upstream          
Identified items included in Income/(loss) before taxation          
Divestment gains/(losses) 77 (81) 344 (4) 498
Impairment reversals/(impairments) (2) (22) (3) (24) (24)
Redundancy and restructuring 17 (33) (6) (16) (21)
Fair value accounting of commodity derivatives and certain gas contracts 0 0 1 0 0
Other (27) (20) (65) (47) (61)
Total identified items included in Income/(loss) before taxation 66 (156) 271 (90) 392
Total identified items included in Taxation (charge)/credit 28 335 5 362 (373)
Identified items included in Income/(loss) for the period          
Divestment gains/(losses) 83 (38) 350 45 358
Impairment reversals/(impairments) (1) (15) (2) (16) (17)
Redundancy and restructuring 13 (20) (2) (7) (7)
Fair value accounting of commodity derivatives and certain gas contracts 0 0 0 0 0
Impact of exchange rate movements and inflationary adjustments on tax balances 25 272 22 297 154
Other (27) (20) (92) (47) (469)
Impact on Income/(loss) for the period 93 179 276 272 19
Impact on Income/(loss) attributable to non-controlling interest 0 0 0 0 0
Impact on Income/(loss) attributable to Shell plc shareholders 93 179 276 272 19
Marketing          
Identified items included in Income/(loss) before taxation          
Divestment gains/(losses) 488 (9) (56) 480 (113)
Impairment reversals/(impairments) (13) (171) (370) (183) (360)
Redundancy and restructuring (48) (42) (57) (90) (66)
Fair value accounting of commodity derivatives and certain gas contracts (114) 122 23 9 35
Other 0 0 0 0 0
Total identified items included in Income/(loss) before taxation 314 (99) (460) 215 (504)
Total identified items included in Taxation (charge)/credit (157) (48) 106 (206) 102
Identified items included in Income/(loss) for the period          
Divestment gains/(losses) 282 (7) (44) 275 (105)
Impairment reversals/(impairments) (11) (182) (285) (194) (278)
Redundancy and restructuring (36) (31) (44) (67) (45)
Fair value accounting of commodity derivatives and certain gas contracts (78) 73 19 (5) 26
Impact of exchange rate movements and inflationary adjustments on tax balances 0 0 0 0 0
Other 0 0 0 0 0
Impact on Income/(loss) for the period 157 (147) (354) 9 (402)
Impact on Income/(loss) attributable to non-controlling interest 0 0 0 (1) 0
Impact on Income/(loss) attributable to Shell plc shareholders 157 (147) (354) 10 (402)
Chemicals and Products          
Identified items included in Income/(loss) before taxation          
Divestment gains/(losses) (8) (16) (9) (24) (24)
Impairment reversals/(impairments) (32) (41) (78) (73) (371)
Redundancy and restructuring (84) (38) (37) (122) (50)
Fair value accounting of commodity derivatives and certain gas contracts 1,281 (2,616) 61 (1,335) (196)
Other (101) 0 (1) (101) (102)
Total identified items included in Income/(loss) before taxation 1,057 (2,712) (64) (1,655) (743)
Total identified items included in Taxation (charge)/credit (253) 626 13 373 111
Identified items included in Income/(loss) for the period          
Divestment gains/(losses) (6) (13) (7) (19) (19)
Impairment reversals/(impairments) (21) (29) (62) (50) (339)
Redundancy and restructuring (64) (28) (29) (92) (42)
Fair value accounting of commodity derivatives and certain gas contracts 972 (2,016) 49 (1,044) (153)
Impact of exchange rate movements and inflationary adjustments on tax balances 0 0 0 0 0
Other (77) 0 (1) (77) (78)
Impact on Income/(loss) for the period 804 (2,086) (51) (1,282) (631)
Impact on Income/(loss) attributable to non-controlling interest 0 (2) 0 (2) 0
Impact on Income/(loss) attributable to Shell plc shareholders 804 (2,084) (51) (1,280) (631)
Renewables and Energy Solutions          
Identified items included in Income/(loss) before taxation          
Divestment gains/(losses) 61 30 119 91 (68)
Impairment reversals/(impairments) (606) (29) (138) (635) (176)
Redundancy and restructuring (3) (6) (1) (9) (10)
Fair value accounting of commodity derivatives and certain gas contracts (205) 283 (280) 78 (260)
Other 9 0 0 9 (46)
Total identified items included in Income/(loss) before taxation (745) 279 (300) (466) (559)
Total identified items included in Taxation (charge)/credit 115 (100) 55 16 110
Identified items included in Income/(loss) for the period          
Divestment gains/(losses) 55 23 108 79 (35)
Impairment reversals/(impairments) (536) (29) (136) (565) (167)
Redundancy and restructuring (3) (4) 0 (7) (7)
Fair value accounting of commodity derivatives and certain gas contracts (146) 189 (217) 43 (196)
Impact of exchange rate movements and inflationary adjustments on tax balances 0 0 0 0 0
Other 0 0 0 0 (45)
Impact on Income/(loss) for the period (629) 179 (245) (450) (450)
Impact on Income/(loss) attributable to non-controlling interest 0 0 0 0 0
Impact on Income/(loss) attributable to Shell plc shareholders (629) 179 (245) (450) (450)
Corporate          
Identified items included in Income/(loss) before taxation          
Divestment gains/(losses) (1) 0 (4) (1) (4)
Impairment reversals/(impairments) 0 0 0 0 0
Redundancy and restructuring (11) 0 (12) (10) (9)
Fair value accounting of commodity derivatives and certain gas contracts 0 0 0 0 0
Other 0 0 (47) 0 (47)
Total identified items included in Income/(loss) before taxation (12) 0 (63) (11) (59)
Total identified items included in Taxation (charge)/credit (3) (29) (14) (32) (43)
Identified items included in Income/(loss) for the period          
Divestment gains/(losses) (1) 0 (3) (1) (3)
Impairment reversals/(impairments) 0 0 0 0 0
Redundancy and restructuring (9) (1) (8) (10) (6)
Fair value accounting of commodity derivatives and certain gas contracts 0 0 0 0 0
Impact of exchange rate movements and inflationary adjustments on tax balances (5) (28) (19) (33) (47)
Other 0 0 (47) 0 (47)
Impact on Income/(loss) for the period (15) (29) (77) (44) (102)
Impact on Income/(loss) attributable to non-controlling interest 0 0 0 0 0
Impact on Income/(loss) attributable to Shell plc shareholders $ (15) $ (29) $ (77) $ (44) $ (102)