In the traditional continuum mechanics, the effects of surface free energy are generally ignored. However, this cannot be the case for nanostructures because of their high surface to volume ratio; surface energy plays an important role in the mechanical responses. In the present study, the nonlinear buckling and postbuckling characteristics of cylindrical nanoshells subjected to combined axial and radial compressions are investigated in the presence of surface energy effects. To this end, Gurtin-Murdoch elasticity theory is implemented into the classical firstorder shear deformation shell theory to develop an efficient size-dependent shell model incorporating surface free energy effects. Subsequently, a boundary layer theory is employed including surface effects in conjunction with the nonlinear prebuckling deformations, the large postbuckling deflections and the initial geometric imperfection. Finally, a solution methodology based on a two-stepped singular perturbation technique is utilized to obtain the size-dependent critical buckling loads and equilibrium postbuckling paths corresponding to the both axial dominated and radial dominated loading cases. It is observed that for the both axial dominated and radial dominated loading cases, surface free energy effects cause to increase the both critical buckling load and critical end-shortening of shear deformable nanoshell made of silicon.