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Key facts: LSE:SHEL sells RI plant; joins Norway APA; Jackdaw delayed

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Sep 12, 2026 at 07:14 AM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Shell (SHEL) sold its Rhode Island gas-fired power plant stakes to Constellation Energy for $715 million and announced an expansion into the U.S. Mid-Atlantic power market. Additionally, Shell rejoined Norway’s APA licensing round for 2026, bidding for exploration blocks in the North Sea, Norwegian Sea, and Barents Sea. Meanwhile, UK approval for Shell's Jackdaw gas field project was delayed until after Oct. 8, with potential production starting in Q4 2026.

  • UK delayed approval for Jackdaw gas field, a Shell (SHEL) Adura project, until after Oct. 8; if approved, Jackdaw may start in Q4 2026 and add ~140,000 boe/d. 2 sources
  • SHEL's North American unit sold Rhode Island gas-fired power plant stakes to Constellation Energy for $715 million and announced expansion into the U.S. Mid-Atlantic power market. Reuters
  • Shell Plc Sponsored ADR (SHEL) rejoined Norway’s APA licensing round for 2026, joining 20 other firms bidding for 70 exploration blocks across the North Sea, Norwegian Sea and Barents Sea. Reuters
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