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The Latest Breaking News from Shell

Can higher oil prices negate damage to Qatari gas plant for Shell?

Evening Standard

Can higher oil prices negate damage to Qatari gas plant for Shell?

The British oil and gas producer will publish its financial results for the first quarter of 2026 on Thursday.

The Independent UK

High gas prices eating into Texans’ budgets, fueling inflation

The average price for a gallon of gas in Texas has risen from $2.55 in early February to $3.78 at the end of April.

The Texas Tribune

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Revealed: British ad firm’s billion-dollar greenwash of US oil industry

London-based WPP accused of breaching climate policy after report reveals firm linked to twice as much oil advertising as US rivals

The Guardian - UK

Activists call out 'horrifying' soaring oil and gas profits as energy companies cash in on the Iran war

As drivers sour on rising fuel prices, energy firms are making a killing.

Fortune

Blue chips falter as oil price moves ever higher

The FTSE 100 closed down 57.99 points at 10,321.09.

Evening Standard

Shell to buy Canadian shale producer ARC Resources for $16.4bn

Deal comes five years after Shell sold its US shale business and is its biggest acquisition for a decade

The Guardian - UK

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Shell reverses course in Canada and buys ARC Resources for $14 billion, doubling down on oil and gas

The Montney is emerging as a hot oil and gas play as U.S. shale basins mature.

Fortune

Shell strikes £12.1 billion deal to buy Canadian energy firm

The British energy giant said the acquisition will strengthen its resource base ‘for decades to come’.

Evening Standard

Holiday warning as government ‘closely monitoring’ airline jet fuel shortage

Passengers have been advised to check with their airlines before they travel

The Independent UK

BP’s chair deserved a kick for his silly obstinacy over shareholder resolution

Albert Manifold and his board refused to put a request from investor group on annual meeting agenda – leading to an investor revolt

The Guardian - UK

‘Fuel theft has cost my petrol station £2,000 since Iran war started – my family can’t carry on like this’

Family-run petrol stations are suffering significantly as fuel theft rises by nearly 30 per cent

The Independent UK

Battle lines harden as gas giants take on tax proposal

Gas producers have mounted a full-throated defence of their tax contributions in an inquiry exploring opportunities for higher export levies.

AAP

FTSE 100 falls back amid renewed US-Iran tension

XTB’s Kathleen Brooks said ‘the market mood is very different at the start of the week compared to Friday’.

Evening Standard

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The Conversation

Is there really untold oil wealth in Queensland’s Taroom Trough? Here’s why scepticism is warranted

As Australian leaders scramble to secure fuel supplies on the international market, Queensland Premier David Crisafulli has been quick to pitch a domestic option: begin extracting the “sea of oil” in the Taroom Trough, a geological formation near the town of Roma.

Evening Standard

Oil price plummets as Iran declares Hormuz open

‘For stock and bond market bulls around the world, this is the perfect end to the week,’ said Kathleen Brooks, research director at XTB.

The Guardian - UK

$30m an hour: big oil reaping huge war windfall from consumers, analysis finds

Exclusive: Climate action blockers including Saudi Arabia, Russia and major fossil fuel firms set to make extra $234bn by end of 2026

Evening Standard

Stocks rise, oil falls, on fresh Middle East hope

The FTSE 100 closed up 26.10 points, 0.3%, at 10,609.06.

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The Guardian - AU

Bosses of Santos, Woodside, Chevron and Shell asked to give evidence to Greens-led gas tax inquiry

Labor is under pressure to impose a new 25% export tax amid soaring prices from the global fuel shock

The Guardian - US

‘A disturbing lack of integrity’: Columbia students file complaint against energy thinktank taking big oil money

Members of Sunrise Movement chapter claim university’s energy center engaging in deceptive trade practices

Fortune

Former ‘Citgo 6’ political prisoner sees ‘karma’ in Maduro ouster, but Venezuelan oil won’t rebound until there’s true regime change

Former 'Citgo Six' captive sees democratic elections as the only way to build international business trust in Venezuela again.

The Guardian - AU

What is Queensland’s Taroom trough and could it really be hiding a ‘sea of oil’?

LNP politicians visit a Shell drill site near Roma and claim a ‘generational opportunity’ to reduce Australia’s reliance on fuel imports. Others are more circumspect

Barchart

Up 24% in 2026 and Yielding 3.1%, How Should You Play SHEL Stock Amid an Iran Ceasefire?

Shell is riding a rare combination of surging oil prices, strong trading gains, and a 25% year‑to‑date stock rally that has pushed SHEL to its best run in years, even as the Iran conflict forces the company to trim its gas output outlook and watch the Strait of Hormuz closely.

Evening Standard

Stocks surge and oil tumbles amid US-Iran ceasefire

The FTSE 100 closed up 260.09 points, 2.5%, at 10,608.88.

The Independent UK

What Iran ceasefire means for fuel prices, inflation and interest rates in the UK

Experts hope that UK inflation will fall, paving the way for cheaper mortgages

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