# Shell is a UK‑based energy giant that produces and sells oil, natural gas, and liquefied natural gas.

*business · news · 2026-04-09 · Barchart*

## Key points

- Shell has lowered its gas output outlook due to instability in Iran.
- Shell signed a new LNG supply deal with Metlen to strengthen European gas supply from 2027.
- Shell plans to invest an additional $20 billion in Nigeria's Bonga South West deepwater project.
- Shell is preparing for new oil investments in Venezuela pending license approvals after U.S. policy shifts.
- Analysts expect Shell's Q1 2026 earnings to show slight year-over-year growth despite recent volatility.

**Companies:** Shell
**Countries:** Iran, United Kingdom, Greece, Nigeria, Venezuela, United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1232165/up-24-in-2026-and-yielding-3-1-how-should-you-play-shel-stock-amid-an-iran-ceasefire)

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