Shell Raises FY2026 Cash Capital Expenditure To $24B-$26B Including $4B ARC Resources Acquisition As Middle East Conflict And Higher Planned Maintenance Impact Integrated Gas And LNG Outlook With Q2 Corporate Adjusted Earnings Expected At $600M-$800M Net Expense
OUTLOOK FOR THE SECOND QUARTER 2026 Full year 2025 cash capital expenditure was $21 billion. Our cash capital expenditure for the full year 2026 is expected to be $24 - $26 billion, including ~$4 billion related to