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The Latest Breaking News from Ben van Beurden

Shell’s former chief fuels fears it could quit London for New York

Ben van Beurden says company is undervalued in UK and US investors are ‘more positive’ about fossil fuels

The Guardian - UK

Top UK CEOs handed 16% pay rise as millions of workers squeezed – as it happened

Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m

The Guardian - UK

Huge £10m pay packet for ex-Shell boss while Brits struggle with astronomical energy bills

Some people have accused energy suppliers of profiteering off the war in Ukraine as the supply is causing prices to rise

Wales Online

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Shell’s van Beurden gets lucky. Harbour Energy doesn’t

Former CEO did handsomely on the back of high oil and gas prices while the windfall levy hits the small players harder

The Guardian - UK

Former Shell CEO gets big payday on soaring oil prices

London (AFP) - Shell's recently retired CEO earned close to £10 million ($12 million) last year after the energy giant scored record profits on soaring energy prices, the British company said Thursday, sparking outrage amid a cost-of-living crisis.

AFP

Shell chief’s pay package rose by more than 50% to nearly £10m in 2022

Campaigners and politicians criticise bonus for Ben van Beurden, who has since stood down

The Guardian - UK

Shell posts more bumper profits on high energy prices

London (AFP) - British energy giant Shell on Thursday announced net profit totalling $6.7 billion in the third quarter, as oil and gas prices remain strong despite recent slides on easing supply fears.

AFP

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Europe faces long-term pain from energy crisis: Shell CEO

Doha (AFP) - Europe faces painful "industrial rationalisation" due to its energy crisis that risks political trouble, the head of Shell warned Sunday, as the oil giant joined a natural gas project in Qatar.

AFP

Shell’s CEO calls for business tax to help poorest consumers meet energy costs

Ben van Beurden said he wanted to see protection rather than intervention

Evening Standard

Shell CEO hints energy firms should pay more tax

London (AFP) - Shell's departing chief executive indicated Tuesday that governments should "probably" tax energy firms more to help protect the poorest from rocketing electricity and gas bills and ease the cost-of-living crisis.

AFP

Shell chief: governments may need to tax energy firms to help the poor

Ben van Beurden also warns against EU moves to cap price of gas and electricity to protect consumers

The Guardian - UK

Ben van Beurden’s resignation at Shell takes 2022 tally of FTSE 100 CEO departures to 18

The top job at the UK’s most valuable company is changing hands at the end of the year

Evening Standard

Top Financial Media Stories Thursday, September 15: US Railway Companies, Unions Reach Tentative Agreement, Tesla To Wind Down Stores In China's Flashy Malls, Netflix Could Face Legal Action Over South Korean Crime Drama And More..

US Railway Companies, Unions Reach Tentative Agreement Averting Catastrophic Strike

Benzinga

Shell CEO to step down as oil giant looks to climate goals

Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge as oil and natural gas companies are under pressure to shift away from fossil fuels

The Independent UK

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Evening Standard

Shell chief executive Ben van Beurden to step down

The change at the top of the UK’s most valuable company is the 18th FTSE 100 CEO resignation announced in 2022

AFP

Shell CEO to step down, hand reins to renewables chief

London (AFP) - Shell on Thursday announced the exit of chief executive Ben van Beurden as the British oil and gas giant looks to reinvent itself under group renewables boss Wael Sawan.

The Street

Stocks Edge Higher, Retail Sales, Disney, Shell and 'The Merge' In Focus - Five Things To Know

Stock futures higher, dollar resumes climb; Retail sales data in focus amid gas price decline; Disney edges higher as CEO Chapek touts ESPN potential; Shell names renewables boss as new CEO and Ether slips lower after successful Ethereum 'merge'.

Insider UK

Shell CEO to step down at end of year, as replacement is revealed

Current incumbent will remain as a board advisor until next June

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AFP

Shell says CEO stepping down at end of 2022

London (AFP) - British energy giant Shell announced Thursday that chief executive Ben van Beurden will step down at the end of the year to be replaced by renewables director Wael Sawan.

The Guardian - UK

Kwasi Kwarteng to lift cap on banker bonuses; John Lewis slumps to £99m loss –as it happened

Chancellor reportedly plans to lift the EU-imposed banker bonus cap as part of post-Brexit reforms; John Lewis says ‘uniquely uncertain’ outlook puts staff bonuses at risk

The Guardian - UK

Shell appoints Wael Sawan to replace outgoing chief Ben van Beurden

Energy firm’s head of integrated gas and renewables division will take overall control from 1 January

The Guardian - UK

Shell boss Ben van Beurden prepares to stand down, reports say

Energy firm shortlists four internal candidates to take over as chief executive in 2023

Wales Online

Shell boss warns of possible energy rationing to cope with global crisis

Ben van Beurden said they were facing a "really tough winter in Europe"

The Guardian - UK

Europe could face energy rationing as ‘really tough winter’ looms, Shell boss warns

Ben van Beurden says Ukraine war fallout means big rise in bills and possible need to ration supplies

Asharq Al-Awsat

Shell Joins Qatar’s LNG Expansion Mega-Project

QatarEnergy on Tuesday signed a deal with Shell for the Gulf state's North Field East expansion, the first phase of the world's largest liquefied natural gas (LNG) project, following agreements with TotalEnergies, Exxon, ConocoPhillips and Eni. Shell will take a 6.25% stake in the North Field East expansion project, QatarEnergy…

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