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The Latest Breaking News from Shell

Shell calls for certainty over North Sea future after UK raises windfall tax on energy profits

Campaigners criticise fall in company’s investments in renewables as it reveals better than expected profits of $6bn in third quarter

The Guardian - UK

Shell calls for ‘certainty’ after Labour increases oil and gas windfall tax

Chancellor Rachel Reeves lifted taxes for North Sea oil and gas firms including Shell in Wednesday’s autumn Budget.

Evening Standard

Shell posts stronger-than-expected profit as gas offsets lower refining margins

The oil and gas giant beat analysts’ forecasts by more than 12% as its integrated gas business surged in the third quarter.

Evening Standard

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FTSE 100 Live 31 October: Budget fears hit housebuilding and retail stocks, Shell beats forecasts

Housebuilding and retail stocks have fallen sharply amid the fallout from yesterday’s tax-raising Budget.

Evening Standard

The mysterious world of Two Shell: ‘Our pranks don’t mean we’re not sincere’

They promised us an in-person interview – then sent along two decoys. So who are the enigmatic musicians who make it so hard for fans to hear their thrillingly alien music?

The Guardian - UK

Tesla slides, Nvidia soars on Fortune 100 Fastest-Growing Companies list

Energy companies dominated the list, which ranks companies based on growth in revenue, profits, and stock returns.

Fortune

Oil prices tumble as ‘hopes of de-escalation’ in Middle East rise

The FTSE 100 moved 36.78 points higher, or 0.45%, to close at 8,285.62.

Evening Standard

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FTSE 100 Live 28 October: Oil price slide hits BP and Shell, Trainline upgrades guidance

A 5% slide in the price of Brent Crude today ensured BP and Shell led the fallers board during an otherwise resilient session for the FTSE 100 index.

Evening Standard

BP and Shell to reveal lower profits amid decline in oil refining margins

BP reports third quarter results on Tuesday and Shell on Thursday when faltering oil demand is expected to hit earnings.

The Independent UK

Why international experience is the secret to becoming a CEO on Fortune 500 Europe

Sprawling business operations and succession planning have made globe-trotting a key part of the careers of Fortune 500 Europe’s top leaders.

Fortune

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

Shell’s record profits in 2022 catapulted it to the top of the Fortune 500 Europe list last year. Could it win back its crown from Volkswagen next year?

Fortune

Ferrari Challenge North America | Imola, Race 2: Medler, Cook, Marsten and Monteforte champion

Dylan Medler won Race 2 of the Ferrari Challenge North America, triumphing in the final event of the day held at the Enzo e Dino Ferrari Circuit in Imola.

Autosport

‘Very concerning’: BP dilutes net zero targets as global retreat from green standards gathers pace

The oil giant’s new focus on fossil fuels signals another defeat for environmental, social and governance aims and has angered campaigners

The Guardian - UK

Oregon's most populous county adds gas utility to $51B climate suit against fossil fuel companies

Oregon's Multnomah County, home to Portland, has added the state's largest natural gas utility to its $51.5 billion climate lawsuit against fossil fuel companies

The Independent UK

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The Guardian - UK

BP ‘abandoning plan to cut oil output’ angers green groups

Reports of strategy reset leave campaigners saying company is prioritising profits over planet

The Conversation

To really be greener, businesses need to look to the boardroom

Greenwashing scandals – the practice of misleading the public about what action a company or organisation is taking to protect the environment – are on the rise. As the climate crisis intensifies, greenwashing represents a significant obstacle to meeting global climate change goals.

The Guardian - UK

How the ‘Frida Kahlo of environmental geopolitics’ is lighting a fire under big oil

Colombian environment minister Susana Muhamad once worked for Shell. Now, as the country gears up to host the biodiversity Cop16, she is calling for a just transition away from fossil fuels

Fortune

Meet the 9 CFOs on Fortune’s 2024 Most Powerful Women list

The list of 100 executives spans the globe.

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The Guardian - UK

To Save the Sea review – Brent Spar oil rig resounds with song in a Greenpeace musical

Nearly 30 years on, environmental activists’ occupation of the North Sea fuel store gets an ambitious, heartfelt musical treatment

The Independent UK

Profiles in clean energy: Former Shell VP helps create a new way of making clean electricity

At oil and gas giant Shell, Cindy Taff was in charge of drilling wells that are considered unconventional because the oil or natural gas is difficult to access

Autosport

Shell and Mahindra Racing make leap forward with recycled E-Fluids in Formula E

When Formula E launched a decade ago the aim was to be at the forefront of sustainability.

The National (Scotland)

Environmental groups will challenge Rosebank and Jackdaw in court

Two environmental organisations have been granted permission for a legal challenge on the Rosebank and Jackdaw offshore oil and gas fields in the…

Advnture

Columbia Arctic Crest Technical Sherpa Fleece Jacket review: a heavyweight for the coldest of weather

This retro-styled fleece harnesses the wisdom of nature with Columbia's newest insulating technology

The Guardian - UK

Fossil fuel companies sponsor $5.6bn in global ‘sportswashing’ deals

Thinktank says funding from oil and gas firms is attempt to ‘divert attention from their role in fuelling the climate crisis’

The Guardian - US

Big oil faces a rising number of climate-focused lawsuits, report finds

Communities, states and advocacy groups push to hold fossil fuel companies accountable for role in climate crisis

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