LONDON, Jan 20, 2026, 08:06 GMT — Regular session
Shares of Shell (SHEL.L) climbed roughly 0.7% at Tuesday’s London opening, following the announcement of a leaner executive committee. Projects and technology chief Robin Mooldijk is set to exit the company. The stock kicked off at 2,749.5 pence, up from Monday’s 2,730 pence close. (London Stock Exchange)
This management shift comes as investors double down on discipline: delivering big projects on schedule, controlling costs, and ensuring steady cash flow. In this space, headlines may disappear quickly, but the efficiency of a company’s engineering and delivery operations always reveals itself in the financials.
Oil prices nudged the group higher early Tuesday, with Brent futures ticking up 0.2% to $64.09 a barrel. ING noted that “A weaker U.S. dollar provided some support to oil,” while IG analyst Tony Sycamore highlighted China’s data as a boost to demand sentiment. (Reuters)
Shell announced that Robin Mooldijk will step down on Feb. 28, ending a 35-year tenure and trimming the executive committee from nine members to eight. CEO Wael Sawan expressed gratitude for Mooldijk’s “significant contribution” and highlighted advances in merging technical divisions with business lines. The company confirmed these shifts won’t impact its financial reporting segments. (MarketScreener)
Shell announced it repurchased 1,321,082 shares on Monday for cancellation, cutting the total share count. Of those, 659,305 were bought on the London Stock Exchange. The company reported a volume-weighted average price of 27.3701 pounds for the London portion. The broader buyback plan is set to continue until Jan. 30. (GlobeNewswire)
In Europe’s major oil sector, France’s TotalEnergies reported a boost in downstream results for the fourth quarter, driven by a surge in its European refining margin marker to $85.7 per metric ton. This marker indicates refinery profits from converting crude into fuels. (Reuters)
Shell came under the spotlight after a Syrian oil official revealed the company requested to exit the al-Omar oilfield, planning to hand over its stake to state-owned operators. Negotiations are ongoing over a financial settlement. The official noted the field used to produce around 50,000 barrels daily but now yields closer to 5,000. (Reuters)
Yet the greater threat to the share price lies beyond the corporate hierarchy. Traders are eyeing fresh U.S. tariff threats targeting European nations, concerned they could spiral into a wider trade conflict that drags down growth and fuel demand—a scenario that would hit crude and the energy sector hard. (Reuters)
In the near term, Shell’s stock will move with oil prices and any hints on buybacks through late January. After that, focus returns to the earnings.
Shell plans to publish its fourth-quarter results and announce the interim dividend for Q4 2025 on Feb. 5. CEO Sawan and CFO Sinead Gorman will hold an analyst webcast the same day. (Shell)
