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The Latest Breaking News from Shell

Overseas Investment sign-off for Aussie fuel giant to purchase Z Energy

Australia's biggest fuel company Ampol is poised to take over local Z Energy and take its place on the NZ sharemarket - as long as it jumps one last High Court hurdle this month

Newsroom.co.nz

Spoof Shell Oil adverts pop up at bus stops boasting ‘Climate breakdown? We cause it’

‘Shell: Burning your Future,’ one poster masquerading as an advert says

The Independent UK

Energy giants Uniper and Shell unite for South Humber hydrogen production plan

720MW target for blue hydrogen production as Uniper continues work on green hydrogen and port decarbonisation

Birmingham Post

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Bristol's cheapest and most expensive petrol prices as cost of living crisis continues

There are still places selling fuel for less than 160p per litre

Bristol Post

Controversial North Sea oil field Cambo moves closer as developer Siccar bought by Ithaca Energy for $1.5bn

Siccar Point Energy, which part-owns the licence to the field, is being bought by Ithaca Energy

Evening Standard

Cambo oilfield development could be back on after takeover

Ithaca Energy buys Siccar Point, which paused project when Shell pulled out after environmental opposition

The Guardian - UK

Shell launches £5m energy hardship fund for struggling households - how to apply

Shell Energy's move comes as the Ofgem price cap rocketed by 54% - almost £700 - on April 1.

Chronicle Live

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Energy firm launches £5million hardship fund for struggling households - how to access it

It comes after the energy price cap surged by 54% from April 1

Wales Online

Major energy firm launches £5million hardship fund - see if you're eligible for help

Shell Energy has launched a hardship fund for struggling households, offering a £5million pot of cash to help customers due the cost of living crisis. It comes after the Ofgem price cap shot up by almost £700 last week

Daily Mirror

Morning Brief: Top Stories Dominating Financial Media on Thursday, April 7

Reuters Here’s Why HP Shares Are Trading Higher Premarket

Benzinga

Shell Forecasts Russia-Related Impairment Charges Of $4B-$5B In Q1 FY22

Shell Plc (NYSE: SHEL) will write down up to $5 billion follow

Benzinga

Shell says Russia exit has already cost $5 billion

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

The Independent UK

Shell says exit from Russia could cost it $5 billion

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

Evening Standard

Shell confirms up to 5 billion dollar hit from quitting Russia

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

The Independent UK

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The Guardian - UK

Energy and inflation worries mount; US jobless claims lowest since 1968 – as it happened

Rolling coverage of the latest economic and financial news

Daily Record

Boris Johnson energy strategy review could have big impact on Scotland

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

Los Angeles Times

Lawmakers question oil executives on price gouging, but seem cool to price controls

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.

Roll Call

Executives due at gas price hearing gave $1 million to parties, candidates

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

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Evening Standard

Juries keep letting Extinction Rebellion off the hook — here’s why

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…

Evening Standard

London electric car owners face 33% hike in the cost of charging as Ubitricity puts up prices

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

Chronicle Live

How loyalty cards can help drive down fuel costs when you fill up your car

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

Bristol Post

The cheapest places to buy petrol and diesel in Bristol right now

Fuel prices appear to be largely unchanged this week

Manchester Evening News

Shell Energy customers who couldn't upload meter readings before price cap rise given urgent advice by firm

With Shell Energy's site and app both overloaded and customers unable to give their usage before yesterday's #MeterReadingDay deadline, the firm has given advice on what to do - but you have to act fast.

Evening Standard

Shell finance boss Jessica Uhl departs with £1 million payday

Renumeration bonanza at odds with drivers facing record petrol prices at pumps

Edinburgh Live

Shell and Octopus Energy issue urgent advice to anyone who could not submit meter readings

Hundreds of people were stopped from submitting their meter readings yesterday as everyone was urged to log in their energy usage ahead of the new price cap that comes into force today.

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