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The Latest Breaking News from Shell

‘City of Superchargers’: Shenzhen’s Charging Network Surpasses Gas Stations

Shenzhen is the third largest city in China and it now has more EV superchargers than gas stations, local reports said.

InsideEVs

Primark’s new tableware is bringing the coastal trend back – and the shell-happy range is already going viral

Coastal tableware is truly making a splash!

Ideal Home

Shell CEO: No Plans For New York Relisting At Present

Shell, a major oil company, is not considering relisting in New York at present. The focus is on sustainability and long-term growth amidst strategic evalu...

Top News

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Shell Logs 'Strong' Quarter As Earnings Fall But Top Expectations

British oil and gas giant Shell announced Thursday that first-quarter earnings fell but beat expectations in a "strong" performance, and unveiled another bumper stock buyback.

International Business Times

Shell profits come in at £46,000 a minute as oil giant beats City forecasts

Energy multi-national faces wave of anger from campaign groups but defends its low-carbon spending plans

Evening Standard

Shell Logs Sliding Profits As Revenues Sink

Turnover slid 16 percent to $74.7 billion following a sharp drop in gas prices, which had spiked following key producer Russia's invasion of Ukraine in 2022.

International Business Times

Shell reveals $3.5bn share buyback as it faces AGM showdown over emissions

Group of major shareholders plans to table resolution, accusing company of watering down climate pledge

The Guardian - UK

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FTSE 100 Live 2 May: Shell beats forecasts amid fossil fuel rebound, Standard Chartered surges

Forecast-beating results by Shell and Standard Chartered today boosted their shares during another robust session for the FTSE 100 index.

Evening Standard

UK to be slowest-growing G7 economy next year, warns OECD – as it happened

Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025

The Guardian - UK

‘Crisis time’: The London Stock Exchange's £100 billion exodus

There could be even bigger seismic shocks ahead with firms like Shell considering leaving the London Stock Exchange

Evening Standard

FTSE 100 is an international laggard despite its record high

Index’s rise has been driven by the dollar’s strength against the pound – and that effect can reverse

The Guardian - UK

Louisiana’s flagship university lets oil firms influence research – for a price

Louisiana State University allowed Shell to influence studies after a $25m donation and sought funds from other fossil fuel firms

The Guardian - US

This EV Charging Station Stuck Me In An App Loop and Wouldn't Let Me Charge

Shell acquired the Volta EV charging network in 2023. Some stations have rebranded to Shell Recharge, but some seem to have added app confusion baked in.

RideApart

Shell says it ‘lobbies for energy transition’ during climate ruling appeal

Company is fighting Dutch court ruling that says it must emit 45% less CO2 by 2030 than in 2019

The Guardian - UK

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The Guardian - UK

Abu Dhabi state oil company reportedly looked at buying BP

Adnoc decided move was not right fit but it is latest sign of foreign buyers circling UK firms

Barchart

2 Energy Dividend Stocks to Buy as Analysts Raise Oil Price Forecasts

With analysts raising oil price forecasts amid high demand and tightened supply, here are two dividend-paying European energy stocks for investors to consider.

Evening Standard

Latest London take-out deal for Lok'nStore adds to valuation fears as overseas buyers circle stock market

How a cross-Channel swoop for a self storage firm is unlocking wider fears over the future of London’s stock market

The Guardian - UK

Is Shell trying to kill the London stock market?

The biggest company on the market is threatening to leave. That is a different order of seriousness than seeing Flutter and CRH flee

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Barchart

Big Oil vs. Big Tech: Here's the Winning Trade Right Now

Big Oil is beating Big Tech in 2024. The Energy Select Sector SPDR Fund (XLE) was up more than 13% in the first quarter of 2024, while the Nasdaq-100 Index gained just 8.7%. Add to that breakout performance the massive amounts of payouts that the large oil companies are making…

Evening Standard

Shell CEO isn’t bluffing — if the London Stock Exchange doesn't improve, it'll lose its most valuable company

City Comment: It is hard to overstate just what a blow to London’s prestige the loss of Shell’s listing would represent

The Guardian - UK

Shell’s former chief fuels fears it could quit London for New York

Ben van Beurden says company is undervalued in UK and US investors are ‘more positive’ about fossil fuels

Salon

Thunberg arrested at fossil fuel protest

Thunberg was part of a group aiming to block The Hague's A12 highway to denounce tax concessions to Shell and KLM

Top News

Shell Reports Lower Q1 LNG Trading Results

Shell faces challenges in LNG trading as global energy market impacts performance. Company remains optimistic, focusing on innovation and sustainability fo...

The Guardian - UK

Just 57 companies linked to 80% of greenhouse gas emissions since 2016

Analysis reveals many big producers increased output of fossil fuels and related emissions in seven years after Paris climate deal

Radio France Internationale

Shell appeals court ruling ordering it to slash emissions by 2030

A Dutch court has begun hearing an appeal brought by Shell against a landmark 2021 ruling ordering the multinational oil giant to reduce its carbon emissions by 45 percent by 2030.

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