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The Latest Breaking News from Shell

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

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

Insider UK

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.

Daily Record

From analysis to the latest developments in health,
read the most diverse news in one place.

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

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

Los Angeles Times

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

The Guardian - 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

The Independent UK

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…

Los Angeles Times

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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

Liverpool Echo

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.

The Times of India

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.

Benzinga

QatarEnergy, TotalEnergies to Collaborate on North Field East Project

QatarEnergy signed a partnership deal with France's TotalEnergies on Sunday for the North Field East expansion of the world's largest liquefied natural gas (LNG) project. QatarEnergy's chief executive said more partners would be announced in the coming days. The Gulf state is partnering with international energy companies in the first…

Asharq Al-Awsat

How your spiking energy bills are making foreign investors rich

Australia's oil and gas resources are overwhelmingly exploited by global multinationals and most of these corporations pay no tax.

ABC News

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Benzinga

Check Out What Whales Are Doing With SHEL

A whale with a lot of money to spend has taken a noticeably bullish stance on Shell. Looking at options history for Shell (NYSE:SHEL) we detected 20 strange trades.

Daily Record

Cheapest petrol stations in Scots cities as prices see biggest jump in 17 years

On Tuesday, it was reported that the price of petrol had seen jumped by 2p a litre - making it the biggest daily jump in 17 years.

Edinburgh Live

Prices at Edinburgh and West Lothian petrol stations sky rocket to nearly £2

Fuel prices are on the rise again hitting nearly £2 per litre and the highest daily price jump in 17 years which the RAC describe as a national crisis

The Guardian - UK

There’s a simple way to fight the cost of living emergency: a £15 an hour minimum wage

Opponents say this will lead to a wage-price spiral – but that’s an argument that’s stuck in the 1970s, says Labour MP Nadia Whittome

Get all your
news in one place.

100's of premium titles.
One news app.

Los Angeles Times

Commentary: Give drivers a gas tax holiday. Tax windfall profits from oil companies instead

At the gas station near my home in Burbank, California, gas prices last week were an astronomical $6.50 per gallon, much higher than the nationwide average of $4.67, and just above the statewide average of $6.19 per gallon. Filling up the tank can cost a shocking $100. Working families cannot…

Insider UK

Tax breaks could lead to more than £8bn of North Sea projects

Investment incentives in the chancellors windfall levy could accelerate oil and gas developments

The Guardian - UK

Sunak’s tax breaks could lead to more than £8bn of North Sea energy projects

Analysts’ forecast comes as campaigners warn windfall tax package could harm climate efforts

The Guardian - UK

Scam-busting, stunts and social media – the consumer champions fighting the cost-of-living crisis

Recently, fighting for consumer rights has become more important than ever. Money heroes Joe Lycett, Jack Monroe, Holly Smith and Kwajo Tweneboa explain what inspired them

The Independent UK

South Africa court to rule on Shell offshore oil exploration

A South African court is to rule on efforts to stop British oil giant Shell from conducting any further seismic surveys in the country’s Indian Ocean waters to explore for offshore oil and gas deposits

The National (Scotland)

Shell could save £200m from windfall tax through Jackdaw, say activists

It comes as activists are set to target the UK Government's Edinburgh hub over the decision to sign off on the project near Aberdeen

Daily Record

Climate campaigners demand UK Government reverses Jackdaw gas field decision

Protesters gathered outside the UK Government office in Edinburgh after Shell was given final approval to develop a controversial new gas field in the North Sea.

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