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The Latest Breaking News from Shell

Top UK CEOs handed 16% pay rise as millions of workers squeezed – as it happened

Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m

The Guardian - UK

FTSE 100 bosses ‘given average pay rise of £500,000 in 2022’

CEOs received average increase of 16% while pay of many working for them failed to keep up with inflation

The Guardian - UK

Texas sues Shell over May fire at Houston-area petrochemical plant

Texas is suing Shell, alleging a fire at the oil giant's Houston-area petrochemical plant damaged the environment

The Independent UK

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Texas sues Shell over Houston-area chemical fire in May

The lawsuit seeks $1 million in damages, claiming the three-day blaze at Shell’s Deer Park facility caused air and water pollution that violated state law.

The Texas Tribune

Lappartient’s grand vision of cycling ‘mini-Olympics’ realised in Glasgow

Britain did well not just in collecting world championship medals but also in rising to the occasion as hosts

The Guardian - UK

Shell urged not to demolish modernist HQ over carbon emissions fears

Architects, academics and climate activists launch campaign against plan to knock down five-storey building in Aberdeen

The Guardian - UK

Former Environment Secretary Theresa Villiers failed to declare Shell shares

A spokesman for Theresa Villiers said she takes ‘full responsibility for the mistake’

Evening Standard

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Theresa Villiers had £70,000 in Shell shares while environment secretary

MP failed to reveal shares in oil company for more than five years despite disclosure rules

The Guardian - UK

Sunak government will go down in history as failing UK on climate, Greenpeace says

Exclusive: Greenpeace chiefs accuse ministers of pursuing culture wars as extreme weather becomes the norm

The Guardian - UK

‘You have adopted a bunker mentality’: Greenpeace letter to Rishi Sunak – in full

Open letter criticises government for stonewalling environmental group after protest at prime minister’s house

The Guardian - UK

Senior Tory Theresa Villiers had £70k undeclared shares in Shell while environment secretary

MP was head of the environment department under Boris Johnson

The Independent UK

Why de Silvestro's Bathurst wildcard could lead to a Supercars comeback

Simona de Silvestro makes no secret of her unfinished business in Supercars. She said as much immediately after her deal with Dick Johnson Racing, which will see her make a one-off return for the Bathurst 1000, was made public.

Autosport

Sunak's family firm signed $1.5B deal with BP before oil and gas license announcement

JUST two months before Rishi Sunak opened hundreds of new licences for oil and gas extraction in the North Sea, an IT firm founded by his…

The National (Scotland)

Saudi Aramco is the most profitable company in history

Walmart tops the Fortune Global 500 for the 10th year in a row, but Saudi Aramco is a close second.

Fortune

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The National (Scotland)

Tories dubbed 'political wing of fossil fuel industry' after lobbying revelations

THE Tories have been branded the “political wing of the fossil fuel industry” after an analysis found that ministers met with energy firms 53…

The Independent UK

Dismay as BP and Shell see huge profits while oil and gas prices fall

BP and Shell have continued to report multi-billion pound profits despite a drop in energy prices.

The Guardian - UK

Sunak’s failing windfall tax enabling oil giants to avoid paying billions, say Labour and Lib Dems – as it happened

Ed Miliband attacks ‘gaping loopholes’ in oil and gas windfall tax after BP posts £2bn in profits in three months

The Guardian - UK

Dismay as Rishi Sunak vows to ‘max out’ UK fossil fuel reserves

Prime minister unveils plan to authorise more than 100 new North Sea licences on visit to Scotland

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The Conversation

The oil industry has succumbed to a dangerous new climate denialism

If we have not been warned of the dangers of climate change this summer, we never will be. Extreme heat, forest fires and floods have been all over news reports. Yet the oil and gas industry remains largely in denial.

The National (Scotland)

In pictures: Rishi Sunak visits Shell gas plant during visit to Scotland

RISHI Sunak has paid a visit to Scotland after the UK Government announced it would grant hundreds of new North Sea oil and gas licences.

Motorsport

The Bend re-branding underway

A naming rights deal between The Bend and Viva Energy, the licensee for Shell in Australia, was struck earlier this year.

Fortune

Oil companies that made a killing last year are now facing a reckoning

European powerhouses Shell and TotalEnergies capitalized on favorable tailwinds, but now face falling profits.

The Independent UK

Shell earnings top $5 billion. But that's nearly half what it pulled in months ago

Shell has reported that it earned nearly $5.1 billion in the second quarter

The Guardian - UK

Ed Miliband urges PM to close ‘Swiss cheese’ holes in windfall tax on energy firms

Shadow net zero secretary attacks Sunak’s ‘perverse’ policy as Shell and British Gas report large profits

The Guardian - UK

Coutts CEO stands down in Farage bank account row, as Sunak fails to back NatWest chairman Davies – as it happened

Peter Flavel says Coutts fell below its ‘high standards’ in the handling of Nigel Farage’s case, while Rishi Sunak declined to say whether he had confidence in NatWest’s chairman

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