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The Latest Breaking News from Shell

Shell vows to boost investor returns amid plans to cut costs and spending

The oil giant has lowered its annual spending outlook to £15.5 billion to £17 billion over the next three years.

Evening Standard

It’s AGM time, season of free sandwiches and protest fireworks

Corporate backsliding on climate and diversity policies mean this year’s annual meetings may be tough for some of the UK’s biggest companies

The Guardian - UK

Man in his 50s stabbed in chest in front of terrified shoppers at Shell petrol station in Crystal Palace

The victim was quickly taken to a major trauma centre for treatment

Evening Standard

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US energy industry’s climate retreat is putting profits over people, advocates say

Oil giants retreat on climate pledges, embrace Trump-era fossil fuel policies at CERAWeek in Texas

The Guardian - US

Nigerian king faces Shell in London high court over decades of oil spills

King Okpabi, ruler of Ogale, says Shell has caused chronic pollution, while oil firm argues it is not responsible

The Guardian - UK

Half of world’s CO2 emissions come from 36 fossil fuel firms, study shows

Researchers say data strengthens case for holding firms to account for their contribution to climate crisis

The Guardian - UK

Not Just China: 3 European Stocks Gaining Investor Interest

This article introduces readers to four European stocks seeing sharp increases in share value or higher trading volume since the threat of tariffs.

MarketBeat

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BP slashes green energy spending and turns back towards fossil fuels

The move follows pressure from some investors to boost profits at the firm, but has also angered environmental groups.

Evening Standard

How BP went from eco poster child to possible takeover target

“In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its strategy.

Fortune

BP expected to roll back green energy pledges to boost profit

The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a bid to boost profit.

Evening Standard

BP signs $25bn deal to redevelop Iraq’s oil and gasfields as it slashes investments in renewable energy

BP previously committed to cut oil and gas production by 40 per cent by 2030

The Independent UK

US fossil fuel industry campaigns to kill policies that ban gas in new buildings

Oil and gas interests coordinate campaign to stop local and state policies, putting climate at risk, new report shows

The Guardian - US

London High court probes Shell over Niger Delta pollution claims

The High Court in London commenced a hearing to address allegations that the oil company Shell has polluted vast areas of the Niger Delta in Nigeria, particularly in regions traditionally claimed by the Ogoni people.

Radio France Internationale

Philippines storm survivors join climate protest outside Shell HQ in London

Greenpeace activists draw attention to worsening typhoons and demand accountability from major polluters

The Guardian - UK

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Evening Standard

Activists smash display cases with typhoon-wrecked belongings at Shell’s London HQ

Greenpeace activists swept broken glass into the doorways at the oil company’s HQ

International Business Times

BP Pledges Strategic 'Reset' As Profit Tumbles

Britain's BP on Tuesday said its annual net profit slumped 97 percent last year, as the struggling oil and gas giant pledged to "fundamentally reset" its strategy.

The National (Scotland)

BP and Shell profits more than double UK climate commitments, new figures show

BP and Shell profits in 2024 more than double the UK’s climate financial commitments, new figures show ...

The Independent UK

Ad giant WPP reported to global watchdog for promotion of polluting clients

Lawyers have filed a complaint to the Organisation for Economic Cooperation and Development on behalf of environmental campaigners.

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The Independent UK

What is Rachel Reeves ‘green fuel’ plan for Heathrow – and will it work?

Labour has set targets for the take up of new sustainable fuel

Top News

Nigeria In Talks To Restart Oil Production In Ogoniland

Nigerian government considers resuming oil production in Ogoniland post-Shell's exit, facing environmental concerns and community engagement.

The Independent UK

Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered environmental damage after oil giant Shell’s sale of its onshore business in the country

MarketBeat

Big Dividend Hikes: 4 Large-Cap Stocks Increasing Payouts

These four large-cap stocks, three of which are S&P 500 members, are raising their quarterly dividend payments to kick off 2025.

The Independent UK

Shell boss dismisses Reeves' 'game changer' green fuel for Heathrow claim

Wael Sawan, the chief executive of oil giant Shell, said that sustainable aviation fuel is expensive and that airlines will be slow to take it up.

The Independent UK

In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm

In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey

The Independent UK

FTSE 100 smashes through 8,600 mark for the first time

London’s top index finished 89.07 points, or 1.04%, higher to end the day at 8,646.88.

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