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The Latest Breaking News from Shell

Shell profit doubles to record $56 billion in 2022 as war drives up energy costs

Global energy giant Shell has said that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia's invasion of Ukraine.

ABC News

Nigerian communities file damages claim against Shell in London court

More than 11,000 Nigerians from the oil-producing Niger Delta have filed a compensation claim against Shell at the London High Court, the latest step in a case that will test whether multinationals can be held to account for the actions of overseas subsidiaries.

Reuters

Shell under the spotlight in the City after record-breaking profit

Questions on future strategy follow huge capital return plan powered by high gas prices amid calls for windfall tax hikes

Evening Standard

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Shell profits hit record $40bn as Britons endure inflation

UK firm reports highest annual profits in 115-year history, prompting anger among those struggling to pay energy bills.

Al Jazeera

First Thing: Crackdown on environmental defenders at ‘alarming level’

Shooting in Atlanta part of dangerous escalation in the criminalization of environmental defenders, campaigners warn. Plus, how to escape learned loneliness

The Guardian - UK

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

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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

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

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

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Wales Online

Shell profits soar to 'obscene' £32.2 billion

"We intend to remain disciplined"

The Guardian - UK

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

Daily Mirror

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

The Guardian - UK

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

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The Guardian - US

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’

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

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

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