Shell's shares have increased by over 27% since January 2026. According to NS3.AI, this rise is linked to Shell's ongoing negotiations to access approximately 20 trillion cubic feet of Venezuelan gas for the Atlantic LNG project in Trinidad. The company has identified the nearby Loran field as a promising source due to its potential connection to the Manatee infrastructure in Trinidad. However, the involvement of Russia's state enterprise Roszarubezhneft, which holds certain rights, continues to complicate the deal.