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The Latest Breaking News from Shell

Shell PLC (NYSE: SHEL) shares are trading lower by 2.72% to $47.25 Wednesday morning. Shares of energy companies are trading lower again Wednesday amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Benzinga

Shell Joins Qatar’s LNG Expansion Mega-Project

QatarEnergy on Tuesday signed a deal with Shell for the Gulf state's North Field East expansion, the first phase of the world's largest liquefied natural gas (LNG) project, following agreements with TotalEnergies, Exxon, ConocoPhillips and Eni. Shell will take a 6.25% stake in the North Field East expansion project, QatarEnergy…

Asharq Al-Awsat

Shell buys 6.35% stake in Qatar's $29 billion gas field expansion project

British multinational company joined $29bn project on the world’s biggest gas field, taking a 6.35 percent stake.

Al Jazeera

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I led the US lawsuit against big tobacco for its harmful lies. Big oil is next

We may be approaching a legal tipping point for fossil fuel companies, says the author Sharon Y Eubanks

The Guardian - UK

Warner Bros. Discovery And Shell Introduce New ‘Dare To Ride’ Series

Warner Bros. Discovery has partnered up with Shell to release a new TV series entitled ‘Dare To Ride,’ which showcases the growing ADV scene in Asia.

RideApart

Pump action? UK motorists await report on painful petrol prices

The regulator will rule on whether a 5p cut in duty has been passed on – but there are still many factors driving costs up

The Guardian - UK

Shell may have to abandon £3bn stake in Russian gas plant

Kremlin sets up new firm to own Sakhalin-2 plant, with stakeholders given a month to sign up or they could lose money

The Guardian - UK

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This Is What Whales Are Betting On Shell

Someone with a lot of money to spend has taken a bullish stance on Shell (NYSE:SHEL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Couple left 'humiliated' after energy firm breaks into their home and installs new meter by mistake

Locks were changed and a new meter was installed without them knowing

Nottingham Post

Couple's shock as note tells them locks have been changed by WRONG energy company

"I just felt sick knowing that somebody had broken into our home and installed a meter, without our knowledge."

Manchester Evening News

Wrong energy firm enters home, installs meter and changes locks by mistake

Rachael was locked out for hours and left with a meter she can't use - and has never been a customer of SSE

Wales Online

Shell, Australian Workers Union in stalemate over Prelude dispute

Contractors set to fly out to the resources rig were told to stand down in response to a disagreement over pay increases, rostering and job security.

ABC News

Fuel prices reach £2.09 per litre in some parts of Wales as drivers face 'urgent situation'

The average price of a litre of petrol reached a new high in the UK this week

Wales Online

Sunak urges banks to keep funding oil and gas firms after windfall tax

Sector says £5bn energy profits levy will make investment in new projects and renewables more difficult

The Guardian - UK

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Insider UK

Chancellor visits Aberdeen to appease oil and gas executives

Rishi Sunak is set to hear from both staff and bosses at North Sea energy companies

Daily Record

Cheapest petrol stations in every Scots city as drivers hit with rising prices

We have compiled a list with five of the cheapest prices for both unleaded and diesel in Scotland's cities.

Los Angeles Times

7 things to know about San Diego’s stunning new music venue

This just in: San Diego does things differently than Los Angeles.

The Guardian - UK

Windfall tax ‘seriously flawed’, says North Sea oil and gas producer

Harbour Energy lobbies Rishi Sunak for changes to profits levy because of impact on smaller firms

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The Independent UK

Norwegian oil giant ‘threatens to ditch £4.5bn North Sea project over Rishi Sunak’s windfall tax’

The firm ‘privately said’ its funding of the extraction project is ‘under review’, a source has said

Los Angeles Times

The unforeseen cost of $0.69-a-gallon gas? One Shell station manager's job

LOS ANGELES — For a few hours last week, drivers in Northern California found a surprise respite from rising prices — a Shell station selling fuel for $0.69 a gallon. But the deal of a lifetime was the result of a misplaced decimal point, and the manager responsible has been…

Liverpool Echo

Acid attacker jailed, Shell robbery and dispersal zone

The latest evening ECHO headlines on Wednesday, June 15

Liverpool Echo

Shell garage cordoned off after robbery as van crashes into lamppost

A white van was crashed into a lamppost on a quiet residential road shortly after a cash in transit robbery in Huyton

The Times of India

EU bought 61% of Russia's fossil fuels in first 100 days of Ukraine war

NEW DELHI: Russia's invasion of Ukraine since late February has pushed up energy prices to record highs and tightened global supplies.

The Times of India

Govt to pursue $3.85 billion recovery from Reliance, partners

NEW DELHI: The government on Monday said it will pursue recovery of $3.85 billion from Reliance Industries and its partners in the Panna/Mukta and Tapti oil and gas fields case and is mulling an appeal against an English court order over cost recovery dispute in the same fields.

Benzinga

TECO 2030 Launches Hydrogen Tanker Concept With Partners

TECO 2030 (OTC: TECFF) is launching a hydrogen powered tanker concept, Hy-Ekotank, together with our partners Ektank AB, Shell Shipping and Maritime, and DNV. The hydrogen powered tanker will allow zero emission at berth, and up to 100% reduction of GHG emissions during voyage.

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