Full-Time
Global oil and gas energy company
No salary listed
Gurugram, Haryana, India + 3 more
More locations: Mumbai, Maharashtra, India | Taloja, Navi Mumbai, Maharashtra, India | Bengaluru, Karnataka, India
In Person
Master's
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Provide a concise summary of Shell that answers: 1) what they do, 2) how their products work, 3) how they differ from competitors, and 4) their goal, in simple terms suitable for a high school student.
Company Size
10,001+
Company Stage
IPO
Headquarters
London, United Kingdom
Founded
1890
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Flexible Work Hours
Remote Work Options
Paid Parental Leave
A São Paulo court homologated Raízen's R$61.4 billion extrajudicial restructuring on July 30, converting 45% of debt into new shares that will dilute Shell and Cosan's controlling stake.
Shell reported record second-quarter profits, its strongest quarterly performance in four years. Earnings more than doubled as oil and gas prices rose following the US-Iran war and the closure of the Strait of Hormuz. The company maintained operations whilst repairing damage at its Qatari gas-to-liquids facility and advancing a North Sea gas project. Shell is awaiting regulatory approval for a major acquisition of ARC Resources that could reshape its portfolio. Net income reached $10.8 billion for the quarter. The company declared a dividend of $0.39 per share and continued share buybacks. Shell shares closed at £33.19, up 20.3% year-to-date and 27.2% over the past year. New production guidance for Q3 2026 excludes ARC and Qatar volumes whilst factoring in higher maintenance costs.
ARC Resources reported second quarter 2026 results on 30 July, with average production of 390,465 barrels of oil equivalent per day, a 9% increase compared to the same quarter in 2025. The Canadian energy company generated funds from operations of $816 million and free funds flow of $349 million. The announcement comes as ARC shareholders overwhelmingly approved Shell's proposed acquisition of the company on 14 July. The $22 billion cash and share transaction, including assumed net debt, is expected to close in the third quarter of 2026. Several regulatory approvals have been obtained, including under the Competition Act and Hart-Scott-Rodino Antitrust Improvements Act. ARC's capital expenditures totalled $467 million during the quarter, with its 2026 capital budget of $1.8 billion to $1.9 billion unchanged.
European stocks traded in a narrow range on Thursday as strong corporate earnings offset concerns over US monetary policy and escalating US-Iran tensions. The pan-European STOXX 600 hovered near flat, whilst Germany's DAX slipped 0.2% and France's CAC 40 gained 0.6%. Shell provided an early boost, more than doubling its second-quarter adjusted profit to $9.8 billion, beating market expectations. Société Générale rose 2% after reporting a record quarterly profit, whilst Spain's BBVA gained 2.6% following increased second-quarter net profit. Schneider Electric jumped 7.3% after raising full-year guidance on strong energy infrastructure demand. However, sentiment remained constrained after the Federal Reserve left interest rates unchanged but delivered an unclear monetary policy outlook. Fresh US military strikes inside Iran further escalated geopolitical tensions, keeping global energy markets under scrutiny.
Shell's profits more than doubled to $9.8bn (£7.5bn) in the second quarter, up from $4.3bn in the same period last year. The FTSE 100 energy giant attributed the increase to higher oil and gas prices driven by the Iran war, strong trading performance, and improved margins in its chemicals business. Oil prices peaked above $126 per barrel in April and remain more than 30% higher since the war began. However, profits were partially offset by lower volumes from Qatari fields damaged during the Middle East conflict, which account for about 10% of Shell's global gas output. The company announced $3bn in new share buybacks, adding to $1.2bn previously announced. Chief executive Wael Sawan said Shell delivered "very strong results during another quarter of severe disruption in global energy markets".