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Stock Market 8 February 2026

Shell share price in focus after Kazakhstan investment pause and PwC audit switch

Shell share price in focus after Kazakhstan investment pause and PwC audit switch

Shell Plc is hitting pause on fresh Kazakhstan investments while legal battles with the state drag out, CEO Wael Sawan told analysts. “We will hold until we have better line of sight to where things end up,” he said. Kazakhstan is pursuing $13 billion and $3.5 billion in contested costs tied to the Kashagan and Karachaganak oilfields. One arbitration result could land between $2 billion and $4 billion, according to sources.
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