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The Latest Breaking News from Shell

Shell profits slump by more than a fifth amid oil price rout

The oil giant said full-year underlying earnings dropped 22% to 18.53 billion US dollars (£13.6 billion).

Evening Standard

FTSE 100 Live 05 February: Index fades on Shell and Vodafone weakness, AI-hit stocks recover

Shell, BT and Vodafone today updated shareholders before the latest Bank of England interest rate decision.

Evening Standard

FTSE 100 finishes week with rise despite falls in mining stocks

The index closed with an increase of more than 51 points to 10,223.54.

Evening Standard

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What impact will last year’s oil price slump have on Shell’s earnings?

Shell is set to report a 21% drop in full-year underlying earnings to 18.79 billion US dollars (£13.66 billion), according to most analysts.

Evening Standard

FTSE 100 edges up after Trump backs down on Greenland tariffs threat

The FTSE 100 index closed up 11.96 points, 0.1%, at 10,150.05.

Evening Standard

Why AI's greatest challenge is leadership, not innovation

CEOs reveal how AI, social media and bold leadership are shaping the future of business.

Fortune

‘Wrong side of history’: Report ties top polluters to countries blocking fossil fuel phaseout

Many state-owned fossil fuel firms that emitted the highest levels of pollution in 2024 went on to block a phaseout roadmap at COP30.

Euronews

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Despite its steep environmental costs, AI might also help save the planet

The rapid growth of artificial intelligence has sharply increased electricity and water consumption, raising concerns about the technology’s environmental footprint and carbon emissions. But the story is more complicated than that.

The Conversation

Bill Gates charity trust’s holdings in fossil fuel firms rise despite divestment claims

Trust had $254m invested in companies such as Chevron, BP and Shell in 2024, a nine-year record, analysis shows

The Guardian - UK

As Trump Spats With Exxon CEO Darren Woods Over Venezuela, Should You Take a Risk and Buy XOM Stock?

Woods said Venezuela was uninvestable, prompting Trump to say that Exxon was being "too cute" and may not be involved in rebuilding the oil infrastructure in the country.

Barchart

Petrol prices vary wildly from one filling station to the next. Why?

From postcode pricing to slow-falling wholesale costs, the price you pay at the pump depends less on petrol itself than on where – and when – you fill up

The Guardian - UK

BP to take hit of up to $5bn on green energy as it refocuses on fossil fuels

Energy company also under pressure from worse oil trading performance and weaker oil prices

The Guardian - UK

BP cautions over ‘weak’ oil trading and reveals up to £3.7bn in write-downs

The oil giant joined FTSE 100 rival Shell, after it also last week cautioned over a weaker performance from oil trading amid lower crude costs.

Evening Standard

As Shell CEO Wael Sawan Talks Venezuela Oil with Trump, Should You Buy SHEL Stock?

Investors are closely watching SHEL for a potential oil jackpot.

Barchart

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news in one place.

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inkl

Discover the Best Fleet Fuel Card and Save More with earnify

Earnify helps businesses save with the best fleet fuel card. Find out key benefits, features, and how to boost your fleet’s efficiency today.

Evening Standard

Mining merger talks see FTSE 100 end week on high

The FTSE 100 index closed up 79.91 points, 0.8%, at 10,124.60.

Evening Standard

FTSE 100 flat as AB Foods and Tesco disappoint

The FTSE 100 index closed down 3.52 points at 10,044.69.

Evening Standard

Shell drops after decline in energy trading division

Shares in the company dipped as it also pointed towards a loss in its troubles chemicals and products division.

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Bored Panda

75 Fascinating Vintage Products That Were The Jam Back In The Day, But Now Look Odd

"Catch your man with taste-tempting donuts!" That was an actual ad from the '50s or '60s urging women to trap men with baked goods into marriage. If that doesn't scream "vintage," we don't know what else really does. A sprinkle of good ol' fashioned American conformity, gender stereotypes, and quirky…

The Independent UK

Oil prices drop as Trump vows to seize up to 50 million barrels of Venezuelan crude

Brent crude dropped below $60 a barrel after the US leader said Venezuela would turn over oil worth close to £1.5bn

Evening Standard

Oil prices drop as Trump vows to seize up to 50m barrels of Venezuelan crude

Brent crude dropped below 60 US dollars a barrel after the US leader said Venezuela would turn over oil worth close to £1.5 billion.

The Conversation

The battle over a global energy transition is on between petro-states and electro-states – here’s what to watch for in 2026

Two years ago, countries around the world set a goal of “transitioning away from fossil fuels in energy systems in a just, orderly and equitable manner.” The plan included tripling renewable energy capacity and doubling energy efficiency gains by 2030 – important steps for slowing climate change since the energy…

International Business Times UK

UK's Shell Eyes Billions in Venezuela Gas Fields After Trump's Maduro Ouster

Shell could earn billions from Venezuelan gas after Trump's removal of Maduro lifts sanctions, offering economic gains but raising environmental and market concerns.

Cycling Weekly

Assos Equipe RS Shell Jersey S11 Review: an innovative take on an aero race gilet

A race day specialist from Assos that delivers where it promises to do so

The Guardian - UK

Revealed: how big businesses are rolling back public support for Pride

Guardian analysis of 20 major companies in UK and US shows mentions of Pride on social media have fallen substantially in past two years

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