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The Latest Breaking News from Shell

Dutch lawyer to get German prize for landmark climate cases

A lawyer who helped win cases forcing the Dutch government and oil giant Shell to cut carbon emissions, is to receive a 10,000-euro ($11,410) award in Germany

The Independent UK

Person rushed to hospital after they were cut from car after smash at petrol station

The smash, which involved a car and a van, happened beside the Shell petrol station on Crompton Way

Manchester Evening News

‘Cash machine’ BP dismisses calls for windfall tax as profits hit eight-year high

Company swings to $12.8bn profit from loss of $5.7bn the year before as it cashes in on gas and oil price hikes

The Guardian - UK

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Queensland gas commission calls for urgent action amid allegations of illegal development

The state government and a Shell-owned gas company are being called on to "urgently act" amid an investigation into alleged unlawful development.

ABC News

‘Big Oil’ board members face hot seat over climate ‘deception’

Oil industry insiders will appear before US Congress as powerful companies face a reckoning for the climate crisis.

Al Jazeera

Jimmy Carr volunteered for redundancy from 'easy' job at Shell before comedy career

Jimmy Carr was "miserable" while working in marketing for Shell after graduating from university - so he took voluntary redundancy and decided to make a go of comedy

Daily Mirror

Shell selected as carbon capture technology provider for Humber Zero partner

Considerable expertise welcomed as successful model already deployed in Canada chosen

Birmingham Post

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How green is your power company? How to check and find the best electricity deal for you

Rebekkah Wilde has been with the same energy provider for years – but this year she's making a change.

ABC News

£40bn profits for BP and Shell fuel calls for windfall tax on energy firms

‘Obscene’ amounts of surplus cash should be used to ease cost of living crisis, MPs told

The Guardian - UK

How much profit did Shell and BP make in 2021 - as Brits suffer 54% energy price hike

Energy companies like Shell, Exxon and BP are enjoying huge profits, all while every day Brits face a massive rise in gas prices amid a tough cost of living crisis

Daily Mirror

No 10 implicitly rebukes Bank of England chief over wage restraint call, amid unions anger – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Rising energy prices 'another devastating blow' to constituents, says Newcastle MP Chi Onwurah

She is calling on the Government to put a windfall tax on gas giants like Shell, who are celebrating record profits as the public feels the squeeze

Chronicle Live

Shell boss faces fury amid calls for windfall tax as cost of living soars

Shell boss Ben van Beurden, who has earned £70million in seven years as its CEO, promised shareholders a bumper dividend, insisting it was 'appropriate'. The company announced profits of £14billion

Daily Mirror

Shell boss opposes windfall tax as profits soar 14-fold

A ‘small player’ like Shell cannot influence energy bills on its own, Ben van Beurden said.

The Independent UK

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Evening Standard

Shell hands billions back to investors as soaring energy bills lift profits

Shell today defended handing multi-billion dollar payouts to investors after 2021’s blistering rise in natural gas and oil prices helped propel annual profits to a seven-year high.

The Independent UK

Oil giant Shell celebrates 14-fold rise in profits in ‘momentous year’ as families face surging energy bills

Energy giant reports bumper results as UK households face 50% jump in bills

The Independent UK

Shell to hand £6bn to shareholders as oil and gas prices soar

The business said profits have risen dramatically in the last few months.

Birmingham Post

MBO at engineering company which works with Shell, P&G and Unilever

The company was founded in 1983 and employs 25 people

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Daily Mirror

BP & Shell make £900-a-second profits as Brits shiver at prospect of energy bills rise

According to analysis, Shell could reveal profits of almost £4.3billion and BP of almost £3billion in the final three months of last year. Meanwhile, ordinary families are struggling to pay their bills

InsideEVs

Could EV Fast Charging Be More Profitable Than Pumping Gas?

Oil companies BP, Shell and Total have been buying up assets in the EV charging value chain. Are they simply planning for the future or hoping to make bank?

France 24

Denmark to withdraw troops from Mali after junta's demands

In tonight's edition: Tensions continue between Mali and Europe. Denmark has now announced it will withdraw a contingent of 100 troops from Mali against the backdrop of growing tensions between Bamako and Paris. Also, we see how refugees fleeing violence in Burkina Faso have been coping as they try to…

Evening Standard

Why the London Stock Exchange has become a playground for activist investors

GlaxoSmithKline, SSE, Unilever, and Shell have all found themselves in the crosshairs of activist funds who until recently focused their attentions on Wall Street — why?

The Guardian - UK

Carbon offsetting is not warding off environmental collapse – it’s accelerating it

Wealthy companies are using the facade of ‘nature-based solutions’ to enact a great carbon land grab, says Guardian columnist George Monbiot

The Guardian - UK

Federal Reserve leaves interest rates on hold, but March rise looks likely – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - US

Oil firms accused of scare tactics after claiming climate lawsuits ‘a threat to US’

Attorneys for BP, Exxon and Shell claim city of Baltimore’s case over ‘deception and failure to warn’ could kill offshore drilling

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