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The Latest Breaking News from Shell

Fears over ‘uninvestable’ London stock market as more firms tipped to leave City

The City’s status as a leading financial centre is under threat, amid a huge gap in the value of similar companies in London and New York

Evening Standard

In Texas, ex-oil and gas workers champion geothermal energy as a replacement for fossil-fueled power plants

Texas has become an early hot spot for geothermal energy exploration as scores of former oil industry workers and executives are taking their knowledge to a new energy source.

The Texas Tribune

Bank of England policymaker says markets pricing in too many rate cuts; Co-op Bank to cut 400 jobs –as it happened

Catherine Mann says market pricing is helping the central bank do its work in bringing borrowing rates down

The Guardian - UK

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Shell Is Closing 1,000 Gas Stations To Focus On EV Charging

Shell aims to install more than 3,400 charging points in the U.S. in the coming months and years, it said in its 2024 report.

InsideEVs

Shell Sells Stake In Southcoast Wind Energy To Ocean Winds

Shell sells stake in SouthCoast Wind Energy to Ocean Winds North America, emphasizing commitment to renewable energy.

Top News

No Oil And Gas Majors Aligned With Climate Targets: Report

All major oil and gas companies plan fossil fuel expansion incompatible with limiting warming to 1.5 degrees Celsius, a new report said Wednesday.

International Business Times

Emissions connected to top oil and gas firms may cause millions of heat deaths by 2100, study finds

Global witness analysis suggests 11.5 million deaths could be caused by burning of fuel produced by 2050

The Guardian - UK

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Taxpayer-funded petrochemical plants are polluting communities, report finds

A fleet of new plastics plants in the U.S. often release illegal levels of air pollution, even while receiving big tax breaks from state and local governments, the report found.

WEKU

Gulf Coast Petrochemical Buildout Draws Billions in Tax Breaks For Polluters

A new report by the Environmental Integrity Project compiled data on every U.S. plastics plant built, expanded or proposed since 2012, revealing massive growth in Texas.

Texas Observer

3 Energy Dividend Stocks Analysts Like Better Than Petrobras

With Petrobras disappointing on its dividend payouts, investors might consider these three dividend-paying energy stocks that analysts rate higher than the Brazilian oil giant.

Barchart

UK company directors may be liable for climate impacts, say lawyers

Legal experts say directors could face personal claims for failing to consider how businesses affect nature

The Guardian - UK

Gulf Coast petrochemical growth draws billions in tax breaks despite pollution violations

A new report by the Environmental Integrity Project compiled data on every U.S. plastics plant built, expanded or proposed since 2012, revealing massive growth in Texas.

The Texas Tribune

Revealed: How the global oil industry is fueling Israel’s war on Gaza

Analysis shows how jets and tanks are being kept fueled despite interim ICJ ruling warning Israel to prevent genocidal acts

The Guardian - US

Shell waters down emissions cut pledge despite crucial climate decade

Energy company now says it aims for 15-20% reduction by 2030, rather than previous target of 20%

The Guardian - UK

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Evening Standard

Shell CEO paid £7.9 million for 2023

Attention from campaign groups focused on executive pay while City eyes outlook for dividends

France 24

EU Digital Markets Act takes aim at Big Tech's monopolistic practices

The EU's landmark tech regulation known as the DMA takes effect at 11:59 pm Thursday, ushering in significant changes for social media platforms, internet browsers and operating systems. The head of the US Federal Reserve signals rate cuts will have to wait for summer, and Nigerians want Shell to clean…

InsideEVs

2023 Toyota Mirai Gets $40,000 Cash Incentive, Is Now Dirt Cheap

Toyota is offering steep discounts on the Mirai after Shell closed its hydrogen refueling stations in California.

Investors Business Daily

Oil Field Services Firm, IBD Stock Of The Day, Could See 160% EPS Growth In 2024

TechnipFMC stock has gained nearly 14% in February and is trading just below a buy point after reporting earnings last week.

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Top News

Activists Urge Nigeria To Delay Shell's Asset Sale

Activists and environmental groups oppose Shell's sale of onshore assets in Nigeria's Niger Delta, citing environmental concerns and urging resolution befo...

Investors Business Daily

Gusher Of Demand, Visions Of 340% Growth Fuel This Potential Breakout

Fueled by new contracts with BP, Shell and Petrobras, as well as explosive growth, TechnipFMC looks to pump up a breakout.

The Guardian - UK

Shell must clean up pollution before it leaves Niger delta, report says

Firm told it must take responsibility for toxic legacy of pollution and safe decommissioning of abandoned oil infrastructure

Motor1

The New Hydrogen Honda CR-V Has A Rechargeable Battery

The only fuel-cell passenger vehicle made in America also has a battery pack.

The Guardian - US

‘A Trojan horse of legitimacy’: Shell launches a ‘climate tech’ startup advertising jobs in oil and gas

Onward touts a vision of a ‘clean energy future’, but experts say ventures like this are part of fossil fuel firms’ greenwashing plan

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