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The Latest Breaking News from Shell

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 - UK

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

The Guardian - US

Oil firms vow to fight judicial review of North Sea oil and gas projects

Shell and Equinor say they will defend Jackdaw and Rosebank plans after Labour withdraws government support

The Guardian - UK

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Shell to cut hundreds of jobs in oil and gas exploration operations

Reduction of about a fifth of workforce in two subdivisions part of plan to slash up to $3bn in costs by end of 2025

The Guardian - UK

Labour minister says compressed hours could raise productivity; European stocks hit record high – as it happened

Live coverage of business, economics and financial markets as Jacqui Smith says four-day compressed hours could help people work

The Guardian - UK

Struggling gas station chain files for Chapter 11 bankruptcy

The new owners of a large gas station chain have filed bankruptcy to reorganize its debts.

The Street

Ed Miliband’s withdrawal of legal backing puts UK oil and gas projects in doubt

Government says it will not challenge reviews of approval given to controversial Jackdaw and Rosebank fields

The Guardian - UK

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Government drops legal defence for UK’s largest untapped oil and gas fields

However licences for drilling at the two sites will not be withdrawn

The Independent UK

British Cycling was warned about Shell partnership, letter reveals

Sponsorship from oil and gas giant was potentially damaging, BC told by UK Sport

Cycling Weekly

UK Sport warned British Cycling against Shell sponsorship and its possible impact on future public funding

Freedom of information request from Private Eye magazine sheds light on conflict over key sponsor in 2022

Cycling News

Big polluters targeting esports industry with advertising deals, report reveals

Oil firms, petrostates, airlines and carmakers ‘doubling down’ on sector that is popular with young people

The Guardian - UK

Chinese oilfield was actually a chicken farm, German Shell whistleblower says

Dozens of carbon reduction schemes in China are alleged to be fake, leaving Germany with a potential $5 billion fraud case.

Fortune

The best rebrands of the '70s, from Sega to Apple and Kodak

Our experts pick the best rebrands of the 1970s, and explain why they worked so well.

Creative Bloq

First Thing: Gaza hits ‘grim milestone’ of 40,000 people killed in war

Another 10,000 people believed to remain entombed in collapsed buildings. Plus, five arrests made in death of actor Matthew Perry

The Guardian - UK

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The Guardian - US

Revealed: Shell oil non-profit donated to anti-climate groups behind Project 2025

Foundation says it ‘does not endorse any organizations’ while funneling hundreds of thousands to rightwing causes

Barchart

1 Energy Dividend Stock to Grab While It's Cheap

Shell Plc is a compelling investment opportunity in the energy sector, offering a combination of growth potential, attractive valuation, and nearly 4% dividend yield, making it a standout performer in the industry.

The National (Scotland)

American pipe explosion raises fears about Scottish carbon capture plans

A CARBON dioxide pipeline rupture in the US which hospitalised nearly 50 people has sparked safety fears about plans for a similar pipe across…

Investors Business Daily

Stock Market Takes Bearish Turn; Apple, Microsoft, Meta, Amazon, AMD In Focus: Weekly Review

The stock market took a bearish turn amid economic fears. Apple and Meta had strong results, while AI spending remains robust.

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Autosport

The backstage partner in a triple crown clean sweep

At face value, the cars that won this year’s Formula 1 Monaco Grand Prix and Le Mans 24 Hours share little beyond their Ferrari badges.

The Guardian - UK

Shell’s half-year profits climb to £10.9bn after focusing on fossil fuels

Results anger climate campaigners as company grows gas business and pulls back on low-carbon energy investment

Fortune

Governments are gushing over hydrogen

Hydrogen has been touted as the miracle solution to decarbonization, but not everyone agrees, particularly when it comes to transportation.

RideApart

Shell Partners With Battery-Swapping Scooter Company, Wants Better Last-Mile Service

Gogoro has teamed up with Shell Recharge in Singapore to make its battery swapping stations accessible to the last-mile delivery sector.

The National (Scotland)

'Greenwashing': Campaigners slam Scottish Government funding for carbon capture

CLIMATE campaigners have criticised the Scottish Government’s commitment to a carbon capture project in the north east and claimed the technology…

The Guardian - US

US oil company ran 1977 article predicting climate crisis could cause starvation

Marathon Petroleum predecessor warned of potential for ‘social and economic calamities’ in decades-old publication

The Guardian - US

Shell quietly backs away from pledge to increase ‘advanced recycling’ of plastics

Energy giant promised to turn 1m tonnes of plastic waste into oil each year, but now says goal is unfeasible

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