Shell share price nudges higher as buyback rolls on; oil swings keep traders cautious

Shell confirmed it has petitioned the New York Supreme Court to vacate an arbitration award it lost in August in its dispute with Venture Global LNG over non‑delivery of cargoes during Calcasieu Pass’s extended “start‑up” period. In the new filing, Shell argues the tribunal’s decision should be set aside because Venture Global allegedly withheld key evidence; Shell also points to BP’s October arbitration victory as context for its appeal. Venture Global says Shell had a full and fair process and calls the petition “without merit.” The case matters for Shell because it touches a core profit engine—integrated gas and LNG marketing—and could influence long‑term contract behavior across the sector. Reuters