| Nigeria LNG | 25.60 | - | - | |
| MAYFLOWER WIND ENERGY LLC | - | | - | |
| BG ASIA PACIFIC SERVICES PTE. LTD. | - | | - | |
| ENERGIEPARK POTTENDIJK B.V. | - | | - | |
| SHELL MOBILITY ITALIA S.R.L. | - | | - | |
| Rosneft-Shell Caspian Ventures | 49.00 | - | - | |
| MOLGAS NORWAY AS | - | | - | |
| SHELL (CHINA) LIMITED | - | | - | |
| SHELL GAS HOLDINGS (MALAYSIA) LIMITED | - | | - | |
| Shell Australia | 100.00 | - | - | |
| Shell Energy Retail B.V. in liquidatie | 100 | | - | |
| SHELL CANADA PRODUCTS | - | | - | |
| North Caspian Operating Company NV | 16.81 | - | - | |
| Shell Chemical Appalachia | 100.00 | - | - | |
| PULSE POWER, LLC | - | | - | |
| LOOP | 46.10 | - | - | |
| BG EXPLORATION AND PRODUCTION INDIA LIMITED EMPLOYEES PROVIDENT FUND | - | | | |
| MP2 ENERGY RETAIL HOLDINGS LLC | - | | - | |
| SHELL THAILAND MANUFACTURING LIMITED | - | | | |
| Shell Energy México, S.A. de C.V. | - | | - | |
| EQUILON ENTERPRISES LLC | - | | - | |
| SHELL INTERNATIONAL TRADING AND SHIPPING COMPANY LIMITED | - | | - | |
| SHELL NA LNG LLC | - | | - | |
| Sakhalin Energy Investment Company Ltd. Sanctioned entity | 27.50 | - | - | |
| NOORDZEEWIND C.V. | - | | - | |
| シェルジャパン株式会社 | - | | - | |
| Zeco Holdings, Inc. | - | | - | |
| Shell Energy North America (US) | 100.00 | - | - | |
| Shell Energy Operations | 100.00 | - | - | |
| SHELL ENERGY DO BRASIL GAS LTDA | - | | - | |
| SHELL ENERGY ITALIA S.R.L. | - | | - | |
| SHELL USA, INC. | 100.00 | - | - | |
| Shell Midstream Operating | 100.00 | - | - | |
| A/S NORSKE SHELL | - | | - | |
| Transalpine Pipeline Group | - | - | - | |
| Oryx Caspian Pipeline | 100.00 | - | - | |
| SHELL ENERGY DO BRASIL LTDA | - | | - | |
| Arrow Energy | - | - | - | |
| SHELL POLSKA SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ | - | | - | |
| Shell WindEnergy Inc. | - | | - | |
| PERTINI VISTA SDN. BHD. | - | | - | |
| SHELL SLOVAKIA, S.R.O. | - | | - | |
| シェルジャパン株式会社 | - | | - | |
| Endymion Oil Pipeline Company | 10.00 | - | - | |
| SARAWAK SHELL BERHAD. | - | | - | |
| SHELL SABAH SELATAN SENDIRIAN BERHAD | - | | - | |
| Brunei Shell Petroleum Company Sendirian Berhad | 50.0 | | - | |
| A/S NORSKE SHELL | - | | | |
| SHELL NEDERLAND RAFFINADERIJ B.V. | 100.00 | - | - | |
| SWEPI LP | - | | - | |
| BG INTERNATIONAL LIMITED | - | | - | |
| SHELL TRADING BRASIL LTDA | - | | - | |
| Karachaganak Petroleum Operating | 29.25 | - | - | |
| SHELL INTERNATIONAL TRADING AND SHIPPING COMPANY LIMITED | - | | - | |
| SHELL ENERGY MARKETING AND TRADING INDIA PRIVATE LIMITED | - | | - | |
| Shell Pipeline Company | 100.00 | - | - | |
| BG Energy Merchants, LLC | - | | - | |
| EGO ENERGY SOCIETA' A RESPONSABILITA' LIMITATA | - | | - | |
| SHELL ENERGY NORTH AMERICA (CANADA) INC. | - | | - | |
| Andes | - | - | - | |
| EUROSHELL CARDS B.V. | 100.0 | | - | |
| SHELL VENTURES LLC | - | | - | |
| SHELL MARKETS (MIDDLE EAST) LIMITED | - | | - | |
| Arke Energia | 29.90 | - | - | |
| شركة تنمية نفط عمان | 34.00 | - | - | |
| QGC Sales QLD | 100.00 | - | - | |
| SHELL POLSKA SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ | - | | - | |
| Zeco Systems, Inc. | - | | - | |
| Shell Gas | 100.00 | - | - | |
| A/S NORSKE SHELL | - | | - | |
| MOLGAS NORWAY AS | - | | - | |
| Tejas Power Generation | 100.00 | - | - | |
| POWERSHOP AUSTRALIA PTY LIMITED | - | | - | |
| BG ENERGY CAPITAL PLC | - | | - | |
| Shell Group Holding Limited | - | - | - | |
| SHELL PILIPINAS CORPORATION | - | | - | |
| SHELL TRADING RISK MANAGEMENT, LLC | - | | - | |
| Vaca Muerta Oleoducto Sur | - | - | - | |
| Thai Petroleum Pipeline | 14.87 | - | - | |
| Shell Deutschland | 100.00 | - | - | |
| Société du Pipeline Sud-Européen SA | 13.02 | - | - | |
| A/S NORSKE SHELL | 100.00 | - | - | |
| Rotterdam-Rijn Pijpleiding Maatschappij | 56.00 | - | - | |
| PT SHELL MANUFACTURING INDONESIA | - | | - | |
| SHELL SLOVAKIA, S.R.O. | - | | - | |
| SOCIETE DES LUBRIFIANTS DE NANTERRE | - | | | |
| SHELL TREASURY CENTRE CANADA INC. | - | | - | |
| SHELL (CHINA) LIMITED | - | | - | |
| SHELL TREASURY LUXEMBOURG | - | | | |
| TABANGAO REALTY, INC. | - | | - | |
| SHELL TRADING SWITZERLAND AG | - | | - | |
| SHELL TREASURY LUXEMBOURG | - | | | |
| VERMILION EXPLORATION AND PRODUCTION IRELAND LIMITED | - | | - | |
| SHELL CHEMICAL LP | - | | - | |
| PT. SHELL INDONESIA | - | | - | |
| Limejump Energy Limited | 100.0 | | - | |
| SHELL QGC HOLDINGS LIMITED | - | | - | |
| SHELL ERDGAS MARKETING GMBH & CO. KG | - | | - | |
| SHELL THAILAND MANUFACTURING LIMITED | - | | | |
| SHELL ENERGY NORTH AMERICA (US), L.P. | - | | - | |
