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The Latest Breaking News from Shell

FTSE 100 edges up and oil sinks amid peace optimism

The FTSE 100 closed up 13.62 points, 0.1%, at 10,505.01.

Evening Standard

Oil giant BP ousts new chairman over 'conduct' and shares slide

BP has ousted its chairman over what it called serious concerns related to "important governance standards, oversight and conduct."

AAP

How Shell is helping teams in F1, NASCAR and IndyCar all fight for the win this weekend

Shell has a unique role in helping teams across three top levels of motorsport seek victory in this weekend's Indy 500, Coke 600, and Canadian GP

Motorsport

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There is only one way Labour can win the North Sea oil and gas debate

ANALYSIS: Proponents of keeping North Sea oil and gas in the ground are repeatedly focusing on energy security and economic arguments. But it is only by making the climate argument that they will actually win the debate, explains Nick Ferris

The Independent UK

Reeves targets oil and gas profits with plans to close tax loophole

The Chancellor hopes reforms to taxation of overseas activities will bring in ‘hundreds of millions of pounds’.

Evening Standard

Investors challenge Shell over plans for long-term decline in fossil fuel demand

The company’s board defended its ongoing investments in oil and gas as shareholders gathered at the Sofitel Hotel near Heathrow on Tuesday morning.

Evening Standard

A $3 Billion Reason to Buy Shell Stock Here (Plus It Has a Juicy 3.5% Dividend Yield)

Shell recently announced a $3 billion stock buyback program.

Barchart

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Cosan Q1 Earnings Call Highlights

Cosan (NYSE:CSAN) reported a narrower first-quarter net loss and highlighted a series of debt-reduction measures, while management said the holding company remains focused on deleveraging and simplifying its portfolio. Fernando Tinel, Cosan’s Head of Investor Relations and ESG, said the company end

MarketBeat

Roblox Shells All Shells List [🏔️& Sky Island]

Check out our All Shells in Roblox Shells list and guide for all Shell locations, values, rarities and descriptions.

Destructoid

‘Brutally out of touch’: Transportation Secretary Sean Duffy launches a road trip reality show while gas hits $4.50 a gallon

Turned out to be a PR disaster.

We Got This Covered

Blue chips falter amid wait for Middle East deal

The oil price fell back amid continued hopes for a peace deal between the US and Iran.

Evening Standard

First Thing: Uncertainty looms as last oil tanker from Middle East arrives in California

State can meet fuel demand for next six weeks with its current supply, says energy commission vice-chair. Plus, alleged Epstein suicide note unsealed by federal judge

The Guardian - UK

Shell profits surge as Iran war drives oil prices higher

Europe’s biggest energy company reported a jump in first-quarter profits as the war involving Iran and the effective closure of the Strait of Hormuz pushed oil and gas prices higher.

Euronews

Shell profits rise to £5bn after Iran war oil price surge

IN FULL

The Independent UK

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Evening Standard

Shell under fire over ‘outrageous’ profits after boost from soaring oil prices

Campaigners took aim at the group over its profits at a time when households and businesses are suffering from painful price rises.

The Conversation

Australian gas exporters will be forced to set aside local supply for domestic users

Producers of liquefied natural gas (LNG) on Australia’s east coast will have to set aside 20% of their gas exports to be sold to domestic users from July next year.

The Guardian - UK

Financial stability risks are rising as AI fuels cyber-attacks, IMF warns; oil below $100 on Iran peace hopes – as it happened

Rolling coverage of the latest economic and financial news

Evening Standard

Shell profits soar amid surging oil prices because of Iran war

The oil giant reported a 24% rise in underlying earnings to 6.92 billion US dollars (£5.09 billion).

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The Independent UK

Shell profits rocket above £5bn for three months amid surging oil prices due to Iran war

The oil giant reported a 24% rise in underlying earnings to 6.92 billion US dollars (£5.09 billion)

The Guardian - UK

Climate campaigners attack Shell over ‘windfall’ profits from Iran war

Firm benefits from conflict to rake in $6.9bn as higher energy prices turbocharge profits

Evening Standard

Stocks soar and oil sinks on fresh peace deal hope

The FTSE 100 closed up 219.55 points at 10,438.66.

The Independent UK

Fuel giants team up for major oil and gas plans in Gulf of Mexico

IN FULL

Evening Standard

Ineos and Shell join up to drill for new oil and gas in US

Sir Jim Ratcliffe criticised the UK’s energy policy which he said has been inconsistent compared with a more stable landscape in the US.

The Independent UK

Ineos boss Jim Ratcliffe criticises UK and Europe amid new US oil and gas investment with Shell

The two companies will jointly invest in exploration and production in the Gulf of Mexico

Motor1

Man Goes To Shell Gas Station. Then He Puts 87 Grade Fuel In His Dodge: ‘Better Be Driving Straight To AutoZone'

At first, it seems like the owner of a Dodge Hellcat featured in a recent TikTok clip may have gotten away with his scheme to lower his fuel costs. The car starts after a fill-up of lower-than-advised octane fuel, but the engine sounds that start shortly after are cause for…

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