Shell dey buy back shares like say tomorrow no dey, plus Caribbean gas project dey expand

Shell don dey buy back their own shares for market like say dem no get tomorrow. Just for April 15 alone, nearly 1.9 million shares disappear from market. This one na part of program wey don dey run for weeks now and e dey close to finish. May 7 na when dem go settle everything.

This current $3.5 billion program start February 5 and e go end by end of April. The speed wey dem dey buy back dey serious. For April 8 alone, Shell buy back over 4.4 million shares. From the last general meeting reach mid-March, dem don buy and cancel 223 million ordinary shares total.

Morgan Stanley dey handle these transactions independently – across six trading platforms for London and Amsterdam. As the program dey end, Shell go release their first quarter results on May 7. People dey expect say dem go announce another new buyback program that same day. The company go present analyst consensus on April 29.

For first quarter of 2026, the picture dey mixed. For profit side, Shell gain well well: the wahala for energy markets push oil trading results pass the previous quarter. Refinery margins climb from $14 to $17 per barrel.

But for production side, things no dey fine. The reason na disruptions for Qatar and the wider Middle East. On top of that, get negative working capital effect of $10 to $15 billion and net debt rise by another $3 to $4 billion because of variable ship leasing components.

The share price dey at €38.30 – about 19 percent up since January and good 36 percent above the level from twelve months ago. The RSI dey at 29 for oversold area, wey dey show short-term selling pressure from recent weeks. For monthly view, e dey minus about four percent.

Whether the trading results fit cover the production losses and the billions cash flow outflow, the Q1 numbers for May 7 go show am – together with starting whistle for the next buyback program.

Meanwhile, Shell dey push development of offshore gas field Loran-Manatee between Venezuela and Trinidad and Tobago. Since July 2024, the company don take final investment decision for the Trinidad Manatee side and announce production start for 2027. Shell na operator there with 100 percent share.

According to Reuters, Loran get reserves of 7.3 trillion cubic feet of gas, Manatee get estimated 2.7 trillion cubic feet. Apparently the project dimensions dey grow: as the news agency report based on Gerald Ramdeen, Chairman of Trinidad’s National Gas Company (NGC), Shell don increase planned pipeline capacity from 700 million to 1 billion cubic feet per day.

For the much bigger Venezuelan Loran side of the field, final investment decision according to Shell to Reuters still dey pending. At the same time, NGC Chairman Ramdeen dey push for restart of shut-down production line of Atlantic LNG plant in Trinidad – with reference to geopolitical uncertainties and prospect of additional gas volumes.

Shell also dey position itself for booming biogas segment, where global market go grow from $50.31 billion for 2026 to $109.62 billion by 2036. That one na annual growth of 8.1 percent, driven by renewable energy and waste management.

Biogas dey form through anaerobic digestion of organic waste and dem dey upgrade am to biomethane. Shell dey among key players like BP, Veolia and Engie. The market dey grow through mandates for renewable energy and methane reduction.

For Europe, including Germany, Shell operate extensive networks. That one dey minimize risks and open doors to subsidies for green projects. In Germany, biogas dey boom through EEG levy and circular economy.

Shell compete with TotalEnergies, Eni and VNG AG. As oil major, e get advantages in capital, technology and networks. The position as key player dey underline strength for the field.