The Latest Breaking News from Shell

Shell says its decision to pull out of Russia in response to the country’s invasion of Ukraine has already cost the international energy giant as much as $5 billion

Writedowns, credit losses and “onerous contracts” will cost the company between $4 billion and $5 billion

The oil giant said last month it would offload its businesses in Russia following the country’s invasion of Ukraine.

Rolling coverage of the latest economic and financial news

The long-awaited energy strategy from the UK Government could be good news for oil, gas and renewable sectors in Scotland.

WASHINGTON — As consumers fume over skyrocketing prices for gasoline and other commodities, congressional Democrats on Wednesday called executives from big oil companies on the carpet to explain why they appear to be making unseemly fat profits in the face of an international crisis.

One CEO called to testify about high gas prices at a hearing Wednesday gave $469,000 since 1993, public records show.

In April 2021, I was one of six Extinction Rebellion protesters acquitted of criminal damage to Shell’s London HQ. Two years earlier, we poured fake oil onto the steps and walls of the oil major’s building in Waterloo, broke windows and painted messages that said: “Shell Knew”, “Shell Lies” and…

The price rise represents a £4.32 increase for a full charge of a Tesla model 3.

You can save at the pump at Sainsbury's, Tesco and other forecourts if you have the right card in your wallet

Fuel prices appear to be largely unchanged this week