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The Latest Breaking News from Shell

FTSE 100 Live: US regional bank shares tumble further; ECB signals further rate hikes to come; FTSE down 1.2%

Next, Shell and BAE Systems have posted updates today in a session when another major central bank is expected to hike interest rates.

Evening Standard

Tim Cindric, Tony George to be inducted into IMS Hall of Fame

Cindric and George were chosen from a ballot of 14 nominees by a national panel of more than 150 journalists, participants, and historians, and their induction will be celebrated at a ceremony and dinner presented by Shell and supported by The National Bank of Indianapolis on May 26.

Motorsport

Labour calls for energy firms to pay more tax on £60m-a-day profits

Party wants greater taxation on North Sea profits to fund freeze on council tax for cash-strapped UK households

The Guardian - UK

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Energy giants raking in £60 million a DAY in profit as Tories ignore windfall tax demands

The Government has been accused of giving these companies “generous and untargeted handouts” by Labour as millions struggle through the cost of living crisis.

Daily Mirror

Energy giants raking in £60 million A DAY in massive Tory tax fail

Firms including BP and Shell are this week set to announce profits of more than £10billion since the start of the year

Daily Mirror

Energy fat cats like BP and Shell should pay more tax amid record profits

Record View says the poor just keep getting poorer and that a fair tax system which ensured energy giants pay their proper share would go a long way to lessening this inequality.

Daily Record

US Supreme Court ruling could turbocharge lawsuits against oil companies

A US Supreme Court ruling this week is set to open the floodgates for climate lawsuits against fossil fuel companies that have been blocked for years by jurisdictional disputes. The decision comes on the heels of a bumper year for global climate litigation in 2022 and ahead of major climate…

France 24

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Blasting around Long Beach in The Beast, Honda’s rolling hybrid laboratory

The car is a one-off build – which looks like a reimagining of a Group B rally car – and was conceptualized by the engineering brainboxes at Honda Performance Development in Santa Clarita, California.

Motorsport

CBI suspends policy and membership activities after exodus

A second unnamed employee alleged that she had been raped by a colleague in an article on Friday

Insider UK

BP facing green rebellion at annual shareholder meeting

Some of UK’s biggest pension funds preparing to demand tougher plans to reduce emissions by 2030

The Guardian - UK

Striking oil and gas workers set to cause Shell and BP 'severe' problems

OIL and gas workers are set to stage a rally in Aberdeen on Monday, as part of a “tsunami” of strikes causing “severe’ problems for…

The National (Scotland)

Ukraine says Shell is taking 'blood money' from a Russian energy company

Ukraine officials accuse Western energy companies of profiting from the war, and have ideas for how to fix it.

Fortune

This petrol station has gone viral on TikTok for its incredible snacks - and people can't believe it's in Oldham

It really has raised the game when it comes to petrol station scran, so it comes as no surprise that TikTok has gone wild for it

Manchester Evening News

Exxon CEO’s pay rose 52% to nearly £30m amid Ukraine war, figures show

Darren Woods’ pay is ‘reflective of record company earnings and stock price performance’, says oil firm

The Guardian - UK

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The National (Scotland)

Permanent oil pollution of Scottish waters revealed for first time

Oil slicks off the coasts of Aberdeen and Shetland have been identified in a report revealing thousands of tonnes of spills into UK waters from oil…

The Guardian - UK

Shell may get nearly £1bn from sale of stake in Russian gas project

Kremlin is said to have ordered sale of Sakhalin-2 project stake and Putin has allowed payment to Shell

Newsroom.co.nz

Carbon removal tech would use more energy than all homes combined, Shell finds

Work by oil giant Shell throws doubt on an energy-intensive technology to suck carbon from the air

ABC News

Deal between Viva Energy and Peregrine's OTR: What does it mean for the future of servos?

A proposed billion-dollar deal has been announced that will potentially see hundreds of service stations across the country fall under one banner. So what is the deal, and what does it mean?

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The Money Edit

Fuel loyalty cards: how to save money when filling up your car

Signing up for the right loyalty card can help you save money when purchasing petrol or diesel

AAP

Petrol company Viva buying On The Run chain for $1.15b

Viva Energy has come to an agreement to buy South Australian convenience retailer OTR Group in a bid to grow its offerings to more than a thousand stores.

The Independent UK

Oil prices surge after Opec+ production cuts

Shell and BP saw their share prices rise following a jump in the price of oil.

Tribune News Service

The aerospace industry needs climate-friendly fuel. Can WA help?

Snohomish County and Washington State University have partnered to establish a center in Everett, Washington, to help develop fuels that will allow the commercial aerospace industry to grow as carbon emissions restrictions begin to bite in the decade ahead.

The Independent UK

Takeaways from AP examination of Peru carbon credit program

Expert analysis and reporting by The Associated Press raises doubts about whether a program to sell carbon credits in Peru’s Cordillera Azul National Park is delivering on its promise to balance out emissions by the companies buying the credits

The Independent UK

‘Gone wrong’: Doubts on carbon-credit program in Peru forest

Expert analysis and reporting by The Associated Press raises doubts about whether a program to sell carbon credits in Peru's Cordillera Azul National Park is delivering on its promise to balance out emissions by the companies buying the credits

Motorsport

Albert Park Supercars: Van Gisbergen holds off Kostecki in Race 1

Pole winner Anton De Pasquale made the best of the start in cold, drizzly conditions, the Shell Ford driver initially leading Kostecki and van Gisbergen.

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