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The Latest Breaking News from Shell

Shell oil trading profits soar amid Iran war but Qatar strikes hit gas output

Earnings at renewable energy division expected to soar to between $200m and $700m in first quarter

The Guardian - UK

Shell cuts gas production outlook blaming Middle East conflict

However, its oil trading operations were boosted by a jump in prices following the conflict between US-Israeli forces and Iran.

Evening Standard

War in Iran is boosting profits for oil and defense companies as US gas prices soar

As Americans struggle with rising prices, Lockheed Martin, Shell and other companies are experiencing gains

The Guardian - US

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Northern Ireland leads surge in fuel prices since start of Iran war

Petrol has risen 19% and diesel 35%, while in England the north has had the sharpest increases

The Guardian - UK

Someone bought this photo at a yard sale: it could now be worth $1 million!

The extraordinary provenance of Edward Steichen's image tells us something profound about how photography gets valued

Digital Camera World

Bungie provides details on Marathon's imminent Recon buff 'by popular demand', revealing an improved Echo Pulse and a 'more aggressive' tracker drone

Recon's area scanning ability will soon distinguish between AI and human enemies.

PC Gamer

Starmer to meet business leaders as Trump considers invading Iranian island

Bosses from energy firms including BP and Shell and representatives from shipping and banking firms will meet Sir Keir Starmer.

Evening Standard

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Petrol prices latest: Motorists hit by 23-year record over cost of diesel as Starmer prepares for emergency talks

The average price of a litre of diesel at UK forecourts rose to 179.9p on Sunday, 28.5p more than petrol (151.4p).

The Independent UK

Embrace spring showers with the best Pfas-free rain jackets for hiking, running and just looking good

Ditch the ‘forever chemicals’ – we tested these jackets in torrential downpour, the shower and on hiking trails

The Guardian - US

FTSE 100 falls as Iran responds to US proposals

Stocks fell on Thursday amid uncertainty around talks between the US and Iran to end the war in the Middle East.

Evening Standard

FTSE 100 Top 5 Gainers: Next Leads Risers as Index Dips Slightly on March 26

LONDON — Next plc dominated the FTSE 100 gainers Thursday as the blue-chip index edged lower amid renewed oil price volatility and lingering geopolitical uncertainties tied to the Middle East.

International Business Times

Stocks rally amid hopes of end to Middle East conflict

Evening Standard

Oil Prices Crash: Brent Crude Drops Below $100 As Trump Teases 'Bombshell' Iran Peace Deal

Brent crude briefly slipped below $100 a barrel after Donald Trump claimed a 'bombshell' peace deal with Iran was within reach and Tehran signalled limited safe passage through the Strait of Hormuz.

International Business Times UK

Europe could face fuel shortage by April as Iran throttles supplies, says Shell boss

Wael Sawan warns of pressure on diesel and petrol if strait of Hormuz does not reopen to oil and gas shipping

The Guardian - UK

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The Independent UK

Europe facing energy shortages by next month as Strait of Hormuz chaos deepens, warns Shell boss

UK drivers have already paid an extra £307m for petrol and diesel since the war in Iran began

Evening Standard

Oil majors boost FTSE 100 amid war uncertainty

The FTSE 100 index closed up 71.01 points on Tuesday.

Fortune

One prediction isn't enough — Why CEOs are shifting to wartime planning

As geopolitical risk mounts, mission-critical scenario planning involves rehearsing several plausible futures at once.

The Independent UK

Thai court holds gold mine operator liable for toxic runoff in a decade-old environmental case

A Thai court on Tuesday found a major gold mine operator liable for pollution that has harmed nearby villagers, in a ruling that could influence future environmental lawsuits

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The Guardian - AU

AI will tell you Australia’s fuel reserve is in the US. But is that even true?

Australia does not have a government-backed stockpile, experts say, and even if we did still store oil in the US, it would not be much

Euronews

'Climate gaslighting': How fossil fuel giants have quietly abandoned their net zero pledges

A new analysis warns that some of the world’s biggest fossil fuel companies have entered a ‘gaslighting’ phase to bolster their profits.

Fortune

For CEOs, it’s time for a wartime mindset

The Iran war may end, but global instability is here to stay. Business leaders who plan for volatility will have the edge.

Evening Standard

Stocks close down as oil rises and gold retreats

The FTSE 100 index closed down 241.79 points, 2.4%, at 10,063.50.

The Guardian - UK

BP to sell German oil refinery as part of $20bn cost-cutting plan

Energy company plans full return to London by moving global HQ to new development on South Bank

The Independent UK

Cypriot president demands talks with UK over military bases – branding them ‘colonial consequences’

It comes after RAF Akrotiri was hit by an unmanned drone strike at the start of the Iran war, raising concerns that the bases could be a threat to the island’s security

Evening Standard

Gas prices soar as Shell plant damaged in attack on Qatar energy site

British energy giant Shell said the attack caused damage to a facility that is important to the firm.

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