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The Latest Breaking News from Shell

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

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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

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.

Al Jazeera

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.

ABC News

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.

Benzinga

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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

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

The Guardian - UK

Oil exploration threatens marine life

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

Salon

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

The Independent UK

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

Wales Online

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.

The Independent UK

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

Wales Online

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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

Wales Online

Petrol prices at pumps across Wales make for grim reading

UK petrol prices are at a record high and this is the picture at stations in Wales

Daily Record

Full list of UK sanctions placed on Russia as businesses begin to boycott the country

As well as UK Government sanctions, a number of large firms have also stepped in and cut ties with Russia.

The Conversation

Shell, BP and ExxonMobil have done business in Russia for decades – here's why they're leaving now

In response to Russia’s invasion of Ukraine, British energy giant BP announced on Feb. 27, 2022, that it will sell its nearly 20% ownership in Russian state-owned energy giant Rosneft. BP’s rival Shell is also pulling out of all of its operations in Russia, as are U.S. energy giant ExxonMobil…

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Daily Mirror

John Lewis, Sainsbury's, H&M and 25 more firms that have cut ties with Russiain past week

British Gas, Morrisons and PayPal are just some of the huge companies suspended ties with Russia in an act of solidarity against Vladimir Putin's war on Ukraine

The Guardian - UK

Oil price jumps to nearly $114; natural gas prices reach record highs – as it happened

US and European shares push higher, while rouble drops 8% and Moscow stock exchange stays shut for third day, as Russia bombards Ukrainian cities

Ballotpedia

Economy and Society: ESG goes to war?

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Mic

Oil companies are fine with destroying the planet, just not like this

Despite initially lobbying for lighter sanctions and loosened regulations, Big Oil firms including BP and Shell are now pulling out of Russia.

The Independent UK

British Gas owner Centrica to exit Russia gas supply contracts

It comes after a number of UK energy companies, including BP and Shell, moved to sever their ties to Russia because of the conflict.

The Guardian - UK

British Gas owner follows BP and Shell in cutting Russia ties

Centrica announces end of gas supply agreement with Kremlin-controlled Gazprom

ABC News

Russian strike takes out TV tower in Kyiv next to Holocaust memorial, shell Mariupol, kills five

Ukrainian authorities say five people died during a Russian missile strike next to a Holocaust memorial in Kyiv. Other cities, including Mariupol and Kharkiv, remain under heavy attack.

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