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The Latest Breaking News from Shell

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)

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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

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 National (Scotland)

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 Independent 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

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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

The Guardian - UK

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 Conversation

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.

The National (Scotland)

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.

Motorsport

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.

Fortune

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 Independent 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

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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

The Guardian - UK

Shell’s ‘obscene’ $5bn profits reignite outrage amid climate crisis

Campaigners criticise plan to increase oil and gas production despite extreme heat in Europe

Evening Standard

FTSE 100 Live: Coutts CEO quits, shares higher on hope ECB’s rate rise is the last

Shell, Barclays and BT are among the heavyweight companies updating investors today.

The Independent UK

Shell misses expectations as earnings halve

Adjusted earnings were just under 5.1bn US dollars (£3.9bn) in the three months to the end of June, down from 11.5bn dollars (£8.9bn) a year earlier.

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InsideEVs

Porsche Taycan Sets New EV Record: 1,146 Miles In Under 30 Hours

Part of Porsche's ongoing 75th anniversary celebrations, the unique challenge in Southeast Asia saw three journalists undertake the challenging non-stop drive.

Motorsport

DJR announces Simona de Silvestro Supercars wildcard

As exclusively revealed by Motorsport.com, the Swiss star will return to Supercars for the first time since departing the series at the end of 2019.

Newsroom.co.nz

Climate optimist loses faith in oil and gas industry

When Costa Rican diplomat Christiana Figueres says she no longer believes the oil and gas industry will do the right thing around climate change, it’s a big deal, including in New Zealand. Ditto when Al Gore says the same thing.

The Independent UK

Environment campaign organisation loses High Court fight with Shell directors

ClientEarth, a shareholder in Shell, had raised concern about Shell’s ‘climate change strategy’ and wanted to make a ‘breach’ of duties claim.

The Independent UK

Top US firms supplied equipment to keep Russian oil flowing after Ukraine invasion

America's top oilfield services companies sold millions of dollars in vital oil equipment to Russia after the invasion of Ukraine

The Guardian - UK

Rishi Sunak to meet FTSE 100 bosses at new business council

Heads of 14 companies will meet prime minister to discuss how to attract more investment to the UK

Kiplinger

Credit, Debit or Cash? Which is Best?

Credit or debit? Cash? Each payment method has pros and cons. Your best bet is to use a combination that meets your own needs.

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