Payments to Governments Report 2025
The 2025 Payments to Governments Report details payments in 26 countries where Shell has Upstream operations, including the basis of reporting and a breakdown by country. This is the eleventh report issued by Shell under regulations.
Shell has a taxable presence in more than 90 countries and, in 2025, paid a total of $17 billion in taxes to governments, of which $12 billion was paid in corporate income taxes and $5 billion in government royalties and production taxes A.
A For more information, see our Annual Report and Accounts 2025.
Payments to Governments Report 2025
Each year, Shell publishes its Payments to Governments Report, prepared in accordance with the UK’s Reports on Payments to Governments Regulations 2014 (as amended in December 2015).
Sinead Gorman - Chief Financial Officer"Shell is transparent about the taxes we pay, and we encourage governments to join the EITI and share contracts and licenses in line with the EITI’s standard. With respect to beneficial ownership transparency, we perform risk-based due diligence in relation to companies that we do business with, seeking to comply with all applicable laws and regulations of the countries in which we operate, in line with the Shell General Business Principles."
