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The Latest Breaking News from Shell

Dividends from UK-listed firms up 16.5% in 2022, far outstripping pay rises

Rise in share income particularly steep for investors in banks and oil companies

The Guardian - UK

Shell and BP face tough job of keeping customers and investors happy as profits roll in

The oil giants will also have to contend with intensifying calls to put more money into clean energy

The Guardian - UK

Oil giants making 'obscene' £5,000 profit a second while millions struggle to heat homes

Five of the world's biggest oil companies are expected to reveal profits equating to £5,000 a second between them while millions continue to struggle with rising energy bills

Daily Mirror

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Shell puts 2,000 UK jobs at risk with review of Shell Energy retail division

Company weighing options including exit from domestic energy and broadband sectors in UK, Netherlands and Germany

The Guardian - UK

Olympic gold medallist avoids jail over oil tanker stunt

Team GB canoe slalom champion Etienne Stott and four other climate protestors were found not guilty after gluing themselves to the tanker’s trailer

The Independent UK

Trinidad offers to pay for Venezuelan gas with humanitarian supplies

Trinidad and Tobago would pay Venezuela for natural gas produced at an offshore development with humanitarian supplies like food and medicine, Prime Minister Keith Rowley said, to comply with a U.S. license prohibiting cash payments to the government of President Nicolas Maduro.

Reuters

Shell Acquires Volta Dual Charging And Media Network

Volta, the very special charging network, will be acquired by Shell USA in an all-cash transaction valued at approximately $169 million.

InsideEVs

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NZ’s fatally flawed climate change strategy

We urgently need a sustainable carbon strategy focused on native forests to provide long-term carbon sequestration without the need to buy dubious off-shore offsets, says Dame Anne Salmond

Newsroom.co.nz

Oil wells guzzle precious California water. Next door, residents can’t use the tap

A town in the oil industry’s shadow grapples with health fears as the state fails to limit companies’ use of fresh water

The Guardian - US

Cheapest places to get petrol and diesel - as prices fall to lowest since February

The AA said it was seeing a "pump price superstore turf war" in areas where there were multiple different supermarkets in close proximity

Daily Mirror

Stargazers say world-famous night skies have been ruined by dazzling lights from new Shell petrol station

The nearby National Park has been named as one of the world's best places to see the stars

Wales Online

Martin Lewis issues urgent broadband warning as prices set to increase this week

Financial expert Martin Lewis has shared exactly how customers can avoid rising costs.

Daily Record

Revealed: more than 90% of rainforest carbon offsets by biggest provider are worthless, analysis shows

Investigation into Verra carbon standard finds most are ‘phantom credits’ and may worsen global heating

The Guardian - UK

The 'once in a generation' plans to transform Wythenshawe Civic Centre

It is hoped that the revamped Civic will be 'a catalyst' for growth

Manchester Evening News

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The Guardian - US

The world’s biggest PR firm claims to be an expert on trust – but is it?

Edelman, which will publish the latest edition of its ‘trust barometer’ at Davos, says trust is its legacy – but critics say its reluctant to follow its own advice

Daily Mirror

Charles Leclerc jokes "you don't like me" as Carlos Sainz gives awkward answer in quiz

Participating in a video quiz hosted by team sponsor Shell, Ferrari drivers Leclerc and Sainz were happy to mock each other – much to the delight of some fans on social media

Evening Standard

Unsuitable? Despair at slipping civil service dress standards

A civil servant sporting a Huel T-shirt caused upset in one department

St. Louis Post-Dispatch

Autopsy: Teen killed by police at north St. Louis gas station was shot 18 times

ST. LOUIS — A 16-year-old boy killed by police last fall at a north St. Louis gas station was shot 18 times, according to the teenager's autopsy report.

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Daily Record

Oil giant Shell to pay tax in UK for first time in six years amid huge profits

The firm made 9.5 billion dollars in profit in just three months last year.

Wales Online

Shell to pay £1.7bn in UK and EU windfall taxes for last three months

Shell had previously avoided most of the windfall tax due to its investments in the North Sea

Insider UK

Shell to pay £1.7 billion in windfall taxes for past quarter

The oil and gas giant's earnings more than doubled year-on-year to £8.2bn in the third quarter

Financial Times

Business trends, risks and people to watch in 2023

What to look for this year in the corporate world in sectors from energy to private capital and technology

Daily Record

Energy giants accused of hoarding £2bn of customer cash through direct debit overpayments

EDF, Centrica and Shell among dozens of firms accused of raising direct debits of customers who are thousands of pounds in credit.

The Independent UK

In Peru, Kichwa tribe wants compensation for carbon credits

Residents in Kichwa Indigenous villages in Peru say they fell into poverty after the government turned their ancestral forest into a national park, severely restricted hunting and allowed the sale of forest carbon credits to oil companies

Al Jazeera

Timeline: Half a century of oil spills in Nigeria’s Ogoniland

Since oil was discovered in commercial quantities in Nigeria in 1958, thousands of oil spill incidents have happened.

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