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The Latest Breaking News from Shell

Shell and Equinor tie-up to create new UK oil and gas producer

Shell said no jobs will be lost but that the deal was in recognition that the North Sea is ‘no longer the prolific basin that it once was’.

Evening Standard

Revealed: McKinsey clients had ‘rising share of global emissions’, internal analysis shows

Consulting giant had said it engages with clients to help them transition to cleaner energy even as it knew they were in line to exceed climate targets

The Guardian - US

Five firms in plastic pollution alliance ‘made 1,000 times more plastic than they cleaned up’

Five oil and chemical companies which promised to divert plastic from environment accused of producing 132m tonnes of it

The Guardian - UK

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Shell’s Pyrrhic victory may well set the stage for more corporate climate accountability

The Court of Appeal found that it could not order Shell to reduce its emissions by 45% by 2030.

Fortune

Shell’s legal victory is disappointing – but this is not the end for corporate climate litigation

In the first ruling of its kind, the Dutch Hague District Court in 2021 ordered a fossil fuel company, Shell, to slash its emissions. This decision would have required the oil and gas giant to cut its emissions by 45% by 2030 (compared with 2019 levels) across its operations and…

The Conversation

Shell’s successful appeal will not end climate lawsuits against firms, say experts

Dutch appeal court ruled in favour of oil and gas company over judgment telling it to limit emissions

The Guardian - UK

Morning Mail: Judge delays Trump conviction ruling, archbishop of Canterbury resigns, NSW nurses strike

New York judge postpones decision about whether the case should go ahead

The Guardian - AU

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FTSE 100 drops to three-month low as pound also slumps

The FTSE 100 index finished 99.42 points, or 1.22%, lower to end the day at 8,025.77.

Evening Standard

Big oil firms knew of dire effects of fossil fuels as early as 1950s, memos show

Newly unearthed documents contain warning from head of Air Pollution Foundation, founded in 1953 by oil interests

The Guardian - US

Legal challenge against Rosebank oil field begins in Edinburgh

A LEGAL challenge against the Rosebank oil field has begun in Edinburgh ...

The National (Scotland)

‘Error of law’ made in consents for new oil and gas fields, court told

Greenpeace and Uplift are challenging a decision to open up the Rosebank and Jackdaw oil and gas fields.

Evening Standard

Shell No Longer Required to Reduce Emissions by Specific Amount After Court Sides with Oil Giant

The Hague Court of Appeal ruled that while Shell has a responsibility to help fight climate change, it can do so by its own determined metrics.

International Business Times

Shell wins appeal against landmark climate ruling to cut emissions

Shell had previously been ordered to cut its carbon emissions by 2030 in line with Paris climate accords

The Independent UK

Dutch court overturns landmark ruling and sides with Shell in climate case

Dutch judges ruled Tuesday against climate groups who said oil giant Shell was not doing enough to curb its greenhouse gas emissions, striking down a landmark judgement.

Radio France Internationale

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Top News

Dutch Court Rules Shell Not Obliged To Cut Emissions

Dutch court rules Shell not obligated to make significant emissions cuts by 2030, sparking debate on corporate responsibility in climate change.

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The Independent UK

Dutch appeals court overturns landmark climate ruling against Shell

A Dutch appeals court has overturned a landmark ruling that ordered energy company Shell to cut its carbon emissions by net 45% by 2030 compared to 2019 levels

The Guardian - UK

UK grocery inflation picks up to 2.3%; unemployment rises while regular wage growth slows – as it happened

Consumers started their Christmas shopping early, Kantar says; UK jobless rate rises to 4.3% while wage growth excluding bonuses is at a two-year low

The Guardian - UK

Shell defeats landmark climate ruling ordering cut in carbon emissions

Oil and gas company had challenged 2021 ruling that it must reduce greenhouse gas emissions by 45% by 2030

International Business Times

Dutch Court To Rule In Shell Climate Appeal

Dutch judges will on Tuesday rule on an appeal by oil giant Shell against a landmark judgement binding it to reduce carbon emissions, which climate activists say it has not implemented.

Evening Standard

Environmentalists to challenge Rosebank and Jackdaw oil and gas fields in court

Greenpeace UK and Uplift will have their cases heard at the Court of Session In Edinburgh.

Barchart

3 Top Energy Stocks to Buy for Reliable Dividend Income

Oil prices are volatile, but these three energy giants offer reliable dividend payments backed by steady cash flows.

International Business Times

Climate Change Poses Multiple Risks For Banks

Climate change poses risks to banks on several levels: it can directly impact their finances, tarnish their image and land them in the courtroom.

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