Shell Stock Gains Amid Resolution of Aphrodite Gas Supply Dispute

Shell's (SHEL) stock is up by 1.85% on the day, trading at GBX3,575. The company has resolved a natural gas supply agreement with Trinidad and Tobago for the Aphrodite field, ending a key development bottleneck.

This deal removes a major commercial impasse that had stalled development, providing greater operational certainty and unlocking previously delayed supply potential. Shell's share price remains well above its key moving averages, signaling continued upward momentum.

As part of its ongoing capital return program, Shell plans to conduct scheduled share buybacks on September 18, 21, and 22, 2026. The company's strong bullish momentum is expected to continue over the next 2-3 days, with a projected volatility band of GBX3,508 to GBX3,641.

Shell's progress on key gas contracts and scheduled share buybacks reinforce its positive momentum, making GBX3,641 a critical level to monitor for potential further upside in the near term.