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The Latest Breaking News from Shell

Shell profit doubles to record as war drives up energy costs

Global energy giant Shell says annual profits doubled to a record high last year as oil and gas prices soared after Russia’s invasion of Ukraine

The Independent UK

Sunak tells Piers Morgan ‘biological sex matters’ – as it happened

Prime minister speaks in interview on TalkTV to mark his 100th day in office

The Guardian - UK

Rishi Sunak is 'too weak to stand up for British people' over energy bills

Rishi Sunak is facing mounting pressure to do more to help families with the cost of living after it was revealed today that energy giant Shell made its highest profits in more than 100 years

Wales Online

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Greenpeace protests outside Shell HQ in London after record profit announced

Shell made a £32.2 billion net profit last year, more than double what it made in 2021

Evening Standard

Oil giant Shell reports highest profits in 115 years as energy prices soar

OIL giant Shell has said that profits skyrocketed to £68.1 billion in 2022 due to soaring oil prices.

The National (Scotland)

Shell profits reach record £68 billion after energy price surge

Energy giant's earnings leap 53% year-on-year, following the Russian invasion of Ukraine

Insider UK

£32bn Shell profits fuel new windfall tax storm

The vast scale of the profit at the multinational is set to trigger calls for an even bigger increase in windfall tax

Evening Standard

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Shell’s record profits more than double UK’s climate funding

Government letting energy giants ‘off the hook’, say opposition and campaigners after profits hit £68bn

The Independent UK

FTSE 100 Live: Interest rates hit 4%, Shell posts record profit

The improved stock market mood is under strain today after earnings updates by tech giants Apple, Google owner Alphabet and Amazon.

Evening Standard

Shell profits soar to 'obscene' £32.2 billion

"We intend to remain disciplined"

Wales Online

Calls for bigger windfall tax after Shell makes ‘obscene’ $40bn profit

Calls for larger windfall tax after surge in gas prices fuels ‘outrageous’ doubling of profits at Anglo-Dutch group

The Guardian - UK

Shell profits soar to £32billion as millions struggling to pay their energy bills

The latest figures follow MPs hearing that around 12 million households are now spending more than 10% of their income on energy bills - the previous definition of fuel poverty

Daily Mirror

Nearly 14,000 Nigerians take Shell to court over devastating impact of pollution

People from Niger delta areas of Ogale and Bille seeking justice in London’s high court

The Guardian - UK

$Shell’s actual spending on renewables is fraction of what it claims, group alleges$

Shell’s actual spending on renewables is fraction of what it claims, group alleges

Non-profit group Global Witness urges US regulator to investigate oil giant and potentially impose fines over apparent ‘mislabeling’

The Guardian - US

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Daily Record

Greenpeace activist from Girvan spearheads climate change protest on board massive Shell oil platform in the Atlantic Ocean

Climbing specialist and Greenpeace activist, Imogen Michel, led a team of four onto the giant oil platform on Tuesday - and they plan to stage their protest for as long as possible.

The Guardian - UK

Greenpeace protesters board Shell platform bound for Shetland

Four activists board 52,000-tonne vessel north of Canary Islands and demand company ‘Stop drilling – start paying’

The National (Scotland)

Activists occupy Shell floating oil and gas platform heading for North Sea

CLIMATE activists have boarded a vessel carrying a floating oil and gas platform to a field in the North Sea.

The Guardian - UK

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

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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

Daily Mirror

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

The Guardian - UK

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 Independent 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

Reuters

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.

InsideEVs

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.

Newsroom.co.nz

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

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