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The Latest Breaking News from Shell

Pulling the plug on Russian oil and gas won’t be a smooth ride for consumers

Shell has issued a reminder to Europe of the disruption entailed in disentangling itself from its energy framework

The Guardian - UK

BofA Names Top 5 European Energy Stocks To Buy During Oil Shock

There seems to be more runway for big oils and the geopolitical disruption scenarios seem underpriced, according to BofA Securities. The European Oil & Gas Outlook: Analyst Christopher Kuplent named Shell and TotalEnergies as the Big Oil top picks and changed the target prices for:

Benzinga

Stanlow refinery owner clarifies relationship with sanctioned bank as UK Government moves to ban Russian oil

Essar Oil UK acquired the Stanlow refinery at Ellesmere Port from Shell in 2011

Birmingham Post

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Shell Intends To Halt Operations In Russia, Apologizes For Russian Oil Purchase

Shell PLC (NYSE: SHEL) on Tuesday announced its intentions to withdraw from Russian energy and oil in the wake of Russia's invasion of Ukraine.

Benzinga

Russia accused of shelling Mariupol evacuation route as civilians flee Sumy

Number of people fleeing Ukraine passes 2m and WHO says vital medical supplies are running out

The Guardian - UK

Shell to shut Russian petrol stations and stop buying Urals oil

CEO Ben van Beurden said Shell’s decision to buy Russian oil ‘was not the right one and we are sorry’

Evening Standard

Shell to shut service stations in Russia as it apologises for buying oil shipment

Its chief executive said buying the oil was not the right decision

Wales Online

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Shell to Withdraw from Russian Oil and Gas

Shell oil last week and said it would withdraw completely from any involvement in Russian hydrocarbons over the country's invasion of Ukraine. "We are acutely aware that our decision last week to purchase a cargo of Russian crude oil ... was not the right one and we are sorry," Shell…

Asharq Al-Awsat

Shell says it will stop buying Russian oil, natural gas

Shell says it will stop buying Russian oil and natural gas

The Independent UK

Shell 'sorry' as it bans Russian oil and closes all petrol stations in the country

The boss of the FTSE 100 company also today apologised for buying Russian crude oil last week, seven days after Putin launched a horrifying attack on Ukraine civilians

Daily Mirror

Shell ‘sorry’ for buying Russian oil last week

Boss Ben van Beurden said it was wrong to buy the shipment of crude oil.

The Independent UK

Shell to stop buying Russian oil and natural gas amid Ukraine invasion

Energy giant says it will take weeks to remove all Russian fossil fuels from supply chains and ‘much longer’ to transition to other supplies

The Independent UK

Shell to halt buying Russian oil and gas and Unilever to stop sales in Russia

Exodus of big British companies continues as bosses forced to examine their companies’ links to Russia

The Guardian - UK

Oil rallies as US and UK announce bans on Russian oil imports – business live

Rolling coverage of the latest economic and financial news

The Guardian - UK

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Al Jazeera

Ukraine latest updates: Zelenskyy calls for more support

Ukraine news from March 8: Ukraine’s president pushed for more support in address to the British parliament.

ABC News

Ukraine-Russia war updates: Ukrainian officials say evacuation of civilians from bombarded cities is underway — as it happened

Ukraine officials say humanitarian corridors out of the cities of Sumy and Irpin are open, but some remain sceptical that civilians will be able to leave safely.

Benzinga

Looking At Shell's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish 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.

The Guardian - UK

Six key lifestyle changes can help avert the climate crisis, study finds

Research shows that governments and individuals making small changes can have a huge impact in reducing emissions

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The Guardian - UK

Ship forced to move on after dockers at UK refinery refuse to unload Russian oil

Departure of German-flagged Seacod from Ellesmere Port in Cheshire follows similar action at Kent port

Salon

Oil exploration threatens marine life

Oil exploration off South Africa’s coast threatens to silence, subdue, and scatter the region’s marine life

The Independent UK

Shell defends purchase of discounted Russian oil after outrage from Ukraine

Fossil fuel giant says its profits from Russian oil sales will be donated to humanitarian efforts in Ukraine

Wales Online

Ukraine latest as ceasefire attempt fails amid Russian shelling

Russian troops continued to shell encircled cities and the number of Ukrainians forced from their country grew to 1.4 million

The Independent UK

Doesn’t Russian oil smell of Ukrainian blood, Kyiv minister asks Shell

A spokesman for the oil giant confirmed it had bought a consignment of Russian crude oil on Friday.

Wales Online

Dozens of firms have cut ties with Russia in the past week

The companies have cut ties with Russia in an act of solidarity against Vladimir Putin's invasion of Ukraine

Manchester Evening News

Co-op, Morrisons, H&M, M&S and more cut ties with Russia amid Ukraine invasion

Shell, BP and British Gas have all taken steps to condemn and sever ties with Russia's economy

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