Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Prarthana Prakash

Shell slips from the Fortune 500 Europe list’s top spot, lending its crown to troubled Volkswagen

wael sawan speaking into a microphone (Credit: Christopher Pike—Bloomberg/Getty Images)

Shell was the undisputed leader of the Fortune 500 Europe list last year after Russia’s invasion of Ukraine supercharged energy markets and poured money into the coffers of oil and gas companies.

But what goes up must come down. Energy prices certainly did, dragging Shell with them and costing the London-headquartered company its lead among Europe’s biggest companies by revenue. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.