How could a restart of North Sea licences affect SHEL?

A steadier flow of licences and quicker approvals would lower project risk and improve visibility on cash flows. That helps valuation and capital allocation for UK assets like Jackdaw. It would not change overnight output, but it can lift confidence, reduce discount rates, and support long-term returns.

What does Ed Miliband’s energy policy debate mean for investors?

The debate signals potential adjustments to the windfall tax, licensing cadence, and planning timelines. For investors, clearer rules cut uncertainty and can improve project economics. We would watch for guidance on tax duration, decommissioning reliefs, and how oil and gas complement new wind capacity in the near term.

Is SHEL overbought right now?

Momentum is strong with RSI near 76 and ADX near 39, which signals a powerful, possibly overbought trend. That favors strength but argues for staggered entries. Pullbacks toward short-term moving averages or a cooldown in oscillators may offer better risk-reward than chasing fresh highs.

What are the key dates and data points to watch next?

Mark 7 May 2026 for first-quarter results. Focus on UK capex guidance, windfall tax commentary, and milestones for Jackdaw. We also track licence round progress and any notes on Rosebank-related supply chains. Cash conversion, buyback pace, and dividend outlook will frame the investment case.

Global Market Insights

SHEL Stock Today: March 18 – Miliband Faces North Sea Drilling Push

ByDanny Kontos March 18, 2026March 18, 2026

SHEL stock today is front and centre for UK investors as industry leaders and unions urge Energy Secretary Ed Miliband to back more North Sea drilling alongside renewables. That push puts Shell’s UK plans, including Jackdaw and supply links to Rosebank, under the microscope. Early policy signals could shift windfall tax expectations and licence visibility, which feed into cash flow and valuation. With SHEL supported by a 3.15% dividend yield and 14 Buy, 7 Hold analyst split, we outline what matters next for portfolios in Britain.