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Q1 2024 Shell PLC Earnings Call Transcript
Welcome to Shell's First Quarter 2024 Financial Results Announcement. Shell's CFO, Sinead Gorman, will present the results, then host a Q&A session alongside Shell's CEO, Wael Sawan. (Operator Instructions) We will now begin the presentation.
Welcome to Shell's 2024 First Quarter Results. It's been nearly a year since Capital Markets Day when we showed you our plans to deliver more value.
And in March, our energy transition update shows how we will do that with less emissions, demonstrating our commitment to being a net 0 emissions energy business by 2050, whilst delivering enhanced shareholder returns.
As we continue to turn our plans into action, I'm pleased that 2024 is off to a good start. We delivered yet another set of strong operational and financial results in the first quarter. In Upstream, our conventional oil and gas business performed very well with many of our core assets delivering high controllable availability.
We also started production at oil Rydberg field, which is
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