$SHEL

Shell Energy Philippines (SEPH) awarded contracts for engineering, procurement and construction (EPC) and operation and maintenance (O&M) for its 30-MW/60-MWh Hermosa battery storage project in the Philippines, according to the company. The update covers delivery and ongoing operations for the project.

South Africa’s Constitutional Court blocked Shell’s offshore exploration plans on the Wild Coast, overturning a 2024 Supreme Court of Appeal ruling that had supported Shell and Impact Africa’s 2014 exploration right and seismic surveys. The court cited insufficient public consultation. Shell said it noted the decision and will continue stakeholder engagement.

South Africa’s Constitutional Court on Aug. 14 overturned oil exploration rights held by Shell and Impact Africa for fossil-fuel work off the Wild Coast. The court said authorities failed to meaningfully consult affected communities and consider harms to marine life and climate impacts. The dispute began after a 2014 seismic survey approval and a 2021 Shell stake transfer.

South Africa’s Constitutional Court ruled that the government cannot renew Shell’s offshore Wild Coast exploration lease, after lower courts found procedural flaws in community notification and consultation. Shell had canceled a seismic survey charter in 2022. Shell said it will continue engagement in South Africa. The decision ends the renewal process for the lease.

Oil prices rose after near-closure of the Strait of Hormuz, boosting profits for major oil firms. The article says eight companies (Aramco, BP, Shell, Equinor, TotalEnergies, Eni, Chevron, ExxonMobil) earned over $90B in Apr-Jun, nearly doubling from Q2 2025. It cites Aramco net income over $33B (+34%) and Chevron adjusted earnings of $12B. Brent rose from about $68/bbl in Feb to nearly $100 in May, prompting windfall-tax debate.

Shell says it is investigating a claimed data breach after the Cl0p ransomware group listed it on a leak portal, alleging about 89 GB of stolen proprietary data. Shell activated incident response and is working with security teams and third-party forensics to assess whether production or employee systems were accessed. No operational disruption has been confirmed.

Ransomware group Clop says it breached 43 organizations, naming Shell, GE, and Philips, by exploiting a PTC Windchill PDMLink and FlexPLM zero-day. Shell confirmed it is investigating a potential incident and said it is working with security teams. The exploited flaw is CVE-2026-12569 (CVSS 9.8), chained with a FlexPLM WSDL issue. PTC began patches June 17; CISA added the CVE to KEV on June 25.

The article cites Shell internal audits and technical assessments for its SPDC Nigeria pipeline assets. It says a 2011 audit found a significant maintenance backlog and weaknesses in risk management, contractor competence, clamp integrity and document control. A 2012 visit found inadequate cathodic protection and that SPDC flowlines were not replaced on a 15-year cycle, using breakdown maintenance instead.

Cl0p, a cybercrime group, claims it stole data from nearly 50 companies, including Shell, Philips, Fiserv and General Electric. Shell and Philips said they are investigating potential incidents; Fiserv said its probe found no evidence of customer or operational compromise. Cl0p alleges about 89 GB from Shell and 13.5 GB from Philips. Data theft amounts are not independently verified.

Kazakhstan escalated a confidential arbitration over the Kashagan oil field, alleging corruption and inflated procurement tied to about a dozen contracts totaling $10.7 billion. Kazakhstan seeks about $160 billion overall, including environmental damage and lost profits. The North Caspian Operating Company consortium, including Shell and ExxonMobil, denies the claims. No tribunal ruling yet.