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The Latest Breaking News from Shell

Shell cuts gas production outlook due to maintenance and bad weather

The oil and gas company reduced its expectations for natural gas and liquefied natural gas (LNG) volumes for the first quarter of this year.

Euronews

Shell lowers gas outlook for first quarter after cyclones hit production

The oil giant lowered its figures for liquefied natural gas output, citing cyclones and unplanned maintenance at some sites in the first quarter.

The Independent UK

A woman dies every two minutes due to failures in maternal care, shocking new figures reveal

SPECIAL REPORT: More than a quarter of a million women around the world died during their pregnancy or within six weeks of giving birth in 2023, WHO figures reveal. Rebecca Thomas and Alicja Hagopian report

The Independent UK

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Takeaways from AP's story on safety concerns about Shell's fleet of oil production ships

A huge oil spill in 2011 from the Bonga, a floating oil production vessel off the coast of Nigeria owned by Shell, was one of the worst there in a decade

The Independent UK

Leaked files raise fears over safety of Shell oil production fleet, years after devastating spill

A large oil spill in 2011 from a floating oil production vessel off the coast of Nigeria, known as the Bonga, was one of the worst there in a decade

The Independent UK

Nigerian President Sacks Board Of State Oil Company

President Bola Tinubu dismissed the entire leadership of Nigeria's state-run oil company Wednesday, naming a former Shell executive to lead the outfit in a sweeping overhaul that one commentator described as "long overdue".

International Business Times

Coca-Cola and Unilever among dozens of plastic brands tied to Texas fracking, investigation reveals

More than 25 major consumer brands and petrochemicals have been traced to fracking in the Permian Basin, one of the world’s ‘carbon bombs’.

Euronews

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Shell Plans To Cut More Costs, Boost Gas Sales

British energy giant Shell on Tuesday announced plans to slash costs by billions of dollars and increase shareholder returns, as it focuses on its liquified natural gas (LNG) business.

International Business Times

Should You Buy Shell Stock Ahead of a Potential 20% Dividend Hike Next Year?

Shell is poised for a potential 10%-20% dividend hike in 2026, driven by its strong cash flow and share buyback program.

Barchart

FTSE makes gains after boost from positive Shell shares

The FTSE 100 finished 25.79 points higher to end the day at 8,663.8.

Evening Standard

Smartphones to receive phone signals from space under Ofcom proposals

The regulator is proposing allowing opening up the mobile spectrum for phone signals via satellites.

Evening Standard

Shell increases shareholder returns and doubles down on LNG

Shell recently revamped its focus on oil and gas output, a move which has been greatly welcomed by shareholders, due to the current higher returns potential.

Euronews

SpaceX launch more than 4,000 miles away blamed for glowing spiral in UK skies

The Met Office said exhaust fumes from a rocket launched in Florida caused the glowing celestial display.

Evening Standard

Shell boss sees pay jump as group vows to boost investor returns on cost savings

Wael Sawan’s total pay lifted by 9% to £8.6 million in 2024 as he landed a £2.9 million annual bonus and £3.9 million in share awards.

Evening Standard

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The Guardian - UK

Shell plans more cuts to costs and spending but hands CEO bigger bonus

Increase in pay package comes despite fall in profits and as oil company waters down pledge to cut emissions

Evening Standard

Shell vows to boost investor returns amid plans to cut costs and spending

The oil giant has lowered its annual spending outlook to £15.5 billion to £17 billion over the next three years.

The Guardian - UK

It’s AGM time, season of free sandwiches and protest fireworks

Corporate backsliding on climate and diversity policies mean this year’s annual meetings may be tough for some of the UK’s biggest companies

Evening Standard

Man in his 50s stabbed in chest in front of terrified shoppers at Shell petrol station in Crystal Palace

The victim was quickly taken to a major trauma centre for treatment

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The Guardian - US

US energy industry’s climate retreat is putting profits over people, advocates say

Oil giants retreat on climate pledges, embrace Trump-era fossil fuel policies at CERAWeek in Texas

The Guardian - UK

Nigerian king faces Shell in London high court over decades of oil spills

King Okpabi, ruler of Ogale, says Shell has caused chronic pollution, while oil firm argues it is not responsible

The Guardian - UK

Half of world’s CO2 emissions come from 36 fossil fuel firms, study shows

Researchers say data strengthens case for holding firms to account for their contribution to climate crisis

MarketBeat

Not Just China: 3 European Stocks Gaining Investor Interest

This article introduces readers to four European stocks seeing sharp increases in share value or higher trading volume since the threat of tariffs.

Evening Standard

BP slashes green energy spending and turns back towards fossil fuels

The move follows pressure from some investors to boost profits at the firm, but has also angered environmental groups.

Fortune

How BP went from eco poster child to possible takeover target

“In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its strategy.

Evening Standard

BP expected to roll back green energy pledges to boost profit

The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a bid to boost profit.

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