Shell Plc (SHEL) is an oil and petrochemical company that operates in Europe, Asia, Oceania, Africa, the United States, and the rest of the Americas. It discovers and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; manufactures gas-to-liquids fuels and other products; and runs upstream and midstream infrastructure necessary to deliver gas to market.
The company is planning to unveil a new offshore drilling platform in the Gulf of Mexico. Another platform, similar to the one that is due to be deployed, may be launched in other regions of the Gulf in 2024. Despite the risk that the government may further restrict drilling due to climate concerns, the firm has continued to make significant advances in oil production.
