Full-Time
Updated on 9/11/2026
Global oil and gas energy company
No salary listed
Bengaluru, Karnataka, India
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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
/PRNewswire/ -- Equilon Enterprises LLC, doing business as Shell Oil Products US (Shell), has signed an agreement to increase its equity from 33% to 100% in...
ExxonMobil has joined bidders for Shell's US chemicals division, which includes four plants in Louisiana, Texas, and Pennsylvania and could fetch around $8 billion. Shell is selling assets that recently contributed to its quarterly earnings as part of ongoing portfolio reshaping. The potential acquisition would expand ExxonMobil's US chemicals presence but does not materially alter its near-term focus on execution in the Permian Basin and Guyana. The move comes after ExxonMobil posted record production and revenue in the second quarter, though adjusted earnings missed expectations. Analysts project ExxonMobil revenues of $369.2 billion and earnings of $46.2 billion by 2029, requiring 4.2% annual revenue growth. Some optimistic forecasts reach $507 billion in revenues and $55 billion in earnings.
TotalEnergies has agreed to acquire Shell's entire onshore renewables business in Europe. The deal includes 500 MW of operational or under-construction solar and wind assets, primarily in Italy and the Netherlands, plus a 3.5 GW pipeline of solar, wind, and battery storage projects across Italy, the UK, and Spain. Completion is expected by late 2026, pending regulatory approval. The acquisition will strengthen TotalEnergies' European Integrated Power strategy, adding to its existing portfolio of roughly 10 GW in gross capacity and 27 GW under development. TotalEnergies reported second-quarter adjusted net income of $6.0 billion and cash flow from operations of $9.8 billion. The company maintains a gearing ratio of 13.1% and recently increased its dividend by 5.9% to €0.90 per share.
Shell shares declined 0.6% to $91.69 as Brent crude fell for the third consecutive session to approximately $86.38 per barrel. The drop followed Iran-Oman diplomatic talks that raised hopes for safer shipping through the Strait of Hormuz, reducing geopolitical risk premiums in oil prices. The integrated oil and gas company reported strong second-quarter results with $9.8 billion in adjusted earnings, $21.4 billion in operating cash flow and $17.5 billion in free cash flow. Net debt decreased to $41.8 billion. Shell converted roughly 82 cents of every operating cash flow dollar into free cash flow, demonstrating financial strength to maintain dividends and buybacks. However, the stock currently trades 10.9% above its $82.68 GF Value estimate, suggesting some resilience is already priced in as oil's war-driven premium diminishes.
US President Donald Trump has accused oil companies of price gouging and called for a Department of Justice review as oil prices rise amid Middle East geopolitical tensions. Major oil companies have reported strong earnings in the first half of 2026. Shell's earnings more than doubled to $2.94 per share from $1.40, whilst revenues rose 22%. Chevron saw earnings surge to $7.23 per share from $3.46, with revenues up 28%. ExxonMobil's earnings increased roughly 66% to $5.60 per share, with revenues up around 22%. The companies operate in commodity markets where prices are determined by market forces rather than individual firms, contradicting price-gouging allegations despite consumer and political concerns about rising fuel costs.