11:03 AM EDT, 08/25/2026 (MT Newswires) -- Shell (SHEL.L, SHELL.AS) confirmed that the initial rig slot booked for its Aphrodite offshore gas project in Trinidad and Tobago has been released, in response to reports that the project has been shelved. In an emailed statement sent to MT Newswires on Tuesday, the energy giant said it is in ongoing negotiations and will continue assessing the overall integrated project schedule to "identify opportunities to maintain the first gas schedule." Reports earlier on Monday said Shell was in disagreement with the country's National Gas Co. over the project's commercial terms.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.