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The Latest Breaking News from Shell

Shell boss Wael Sawan sees pay jump almost 60% to £13.8m despite profit fall

He received £1.9 million in fixed salary, pension and benefits for the year, but saw this heavily eclipsed by around £11.8 million of bonuses.

Evening Standard

FTSE 100 falls as Iran war lifts inflation fears

The FTSE 100 index closed down 58.47 points, 0.6%, at 10,353.77.

Evening Standard

FTSE 100 rallies as inflation fears ease

The FTSE 100 index closed up 162.72 points, 1.6%, at 10,412.24.

The Independent UK

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Kostecki's huge weekend continues at Albert Park

Brodie Kostecki has won his second straight race at the Melboune SuperSprint, while Matt Payne extended his Supercars championship lead in second.

AAP

Three ways to combat energy bill rises as Iran-US war sparks price hike fears

Energy price rises are coming, despite Ofgem’s best efforts

The Independent UK

Oil prices rise further as Iran blocks vital shipping route

Brent crude rose by more than another 3% on Tuesday to a one-year high of 80 US dollars a barrel.

Evening Standard

How to unlock Thief in Marathon

Here is all you need to know about the Thief shell in Marathon.

Destructoid

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I’ve owned an EV for four years – and the one big solution to my range anxiety woes is stuck in political traffic

Curb-side charging opens up EVs to those that lack off-street parking, but uptake outside of the major cities is still painfully slow

TechRadar

A race for fuel-efficiency brings students to Qatar’s F1 tracks

At the Lusail International Circuit, home to Qatar’s Formula 1 Grand Prix, the roars of racing engines have given way to quieter cars. Nearly 1000 students from countries across Asia and the Middle East compete to design and drive the most fuel-efficient vehicles.

Euronews

Pennsylvania Spent Big on a ‘Petrochemical Renaissance.’ It Never Arrived.

Visions of a booming hub that would bring jobs and prosperity to Appalachia faded, but the plastic “nurdles” remain.

Capital & Main

Orbán slams 'Putin-ing’ as primitive and frivolous as he declares Brussels as the real threat

In his last annual assessment before elections, the Hungarian prime minister promised to take action against 'Brussels agents.' He praised his party's achievements and accused his political opponents of wanting to be the viceroy not only of Brussels but of multinational corporations.

Euronews

Energy Is Leading in 2026—But Are the Oil Majors Cracking?

Energy is leading the market this year as investors seek safety. Despite mixed earnings, efficiency cuts and high demand keep the sector's outlook hot.

MarketBeat

Shell will consider fossil fuel investment in Venezuela, says chief executive

Wael Sawan weighs up production project as company reports 22% drop in full-year earnings to $18.5bn but boosts dividends

The Guardian - UK

Shell profits slump by more than a fifth amid oil price rout

The oil giant said full-year underlying earnings dropped 22% to 18.53 billion US dollars (£13.6 billion).

Evening Standard

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Evening Standard

FTSE 100 Live 05 February: Index fades on Shell and Vodafone weakness, AI-hit stocks recover

Shell, BT and Vodafone today updated shareholders before the latest Bank of England interest rate decision.

Evening Standard

FTSE 100 finishes week with rise despite falls in mining stocks

The index closed with an increase of more than 51 points to 10,223.54.

Evening Standard

What impact will last year’s oil price slump have on Shell’s earnings?

Shell is set to report a 21% drop in full-year underlying earnings to 18.79 billion US dollars (£13.66 billion), according to most analysts.

Evening Standard

FTSE 100 edges up after Trump backs down on Greenland tariffs threat

The FTSE 100 index closed up 11.96 points, 0.1%, at 10,150.05.

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Fortune

Why AI's greatest challenge is leadership, not innovation

CEOs reveal how AI, social media and bold leadership are shaping the future of business.

Euronews

‘Wrong side of history’: Report ties top polluters to countries blocking fossil fuel phaseout

Many state-owned fossil fuel firms that emitted the highest levels of pollution in 2024 went on to block a phaseout roadmap at COP30.

The Conversation

Despite its steep environmental costs, AI might also help save the planet

The rapid growth of artificial intelligence has sharply increased electricity and water consumption, raising concerns about the technology’s environmental footprint and carbon emissions. But the story is more complicated than that.

The Guardian - UK

Bill Gates charity trust’s holdings in fossil fuel firms rise despite divestment claims

Trust had $254m invested in companies such as Chevron, BP and Shell in 2024, a nine-year record, analysis shows

Barchart

As Trump Spats With Exxon CEO Darren Woods Over Venezuela, Should You Take a Risk and Buy XOM Stock?

Woods said Venezuela was uninvestable, prompting Trump to say that Exxon was being "too cute" and may not be involved in rebuilding the oil infrastructure in the country.

The Guardian - UK

Petrol prices vary wildly from one filling station to the next. Why?

From postcode pricing to slow-falling wholesale costs, the price you pay at the pump depends less on petrol itself than on where – and when – you fill up

The Guardian - UK

BP to take hit of up to $5bn on green energy as it refocuses on fossil fuels

Energy company also under pressure from worse oil trading performance and weaker oil prices

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