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The Latest Breaking News from Shell

Carbon capture was spruiked as a way of limiting our emissions – but has Australia been greenwashed?

Despite billions in investment, carbon capture and storage technology ‘should be in no way treated as a climate solution’, critics say

The Guardian - AU

Can Typhoon Survivors Win Against Shell? Landmark UK Case Tests Climate Reparations

Typhoon survivors sue Shell in landmark UK case testing climate reparations for Super Typhoon Rai's role in deaths and damages linked to fossil fuel emissions

International Business Times UK

'A transformative step for British sport' - British Cycling announces new commercial arm

The governing body is looking for "strategic equity and investment partners" to catalyse its new venture

Cycling Weekly

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Shell-funded school materials accused of downplaying fossil fuels’ climate impact

School materials emblazoned with the Shell logo are shaping how children as young as 10 learn about climate change.

Euronews

'Climate obstruction' alarms raised with museum sponsor

Ties between a state museum and a major gas company are being questioned by a climate communications group as scrutiny of fossil fuel sponsorship grows.

AAP

Queensland Museum accused of misleading teachers and children about the cause of climate change

Education program sponsored by Shell’s Queensland Gas Company is ‘climate obstruction dressed up as education’, advocacy group says

The Guardian - AU

FTSE 100 falls despite benign US inflation data

For the week, the FTSE 100 fell 0.6%, the FTSE 250 ebbed 0.5% and the AIM All-Share declined 0.3%.

Evening Standard

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Shell, Equinor Form JV To Lead UK North Sea Oil Production

Shell PLC (NYSE:SHEL) has finalized a deal with Equinor ASA (NYSE:EQNR) to merge their U.K. offshore oil and gas operations into a new company called Adura.

Benzinga

Shell fined after major hydrocarbon release on rig linked to corroded pipework

The Health and Safety Executive said 176 staff working on the platform were put at risk from an explosion if the escaping hydrocarbon gas had ignited.

Evening Standard

Belgian farmer sues French energy giant for damage caused by climate change

A Belgian farmer is taking TotalEnergies to court, arguing the company should pay for climate change damage

The Independent UK

Ukraine war briefing: Fire sale of Lukoil assets before start of US sanctions on Russia

Foreign properties may be nationalised if Lukoil doesn’t sell, or the proceeds frozen if it does; Zelenskyy grapples with corruption scandal fallout. What we know on day 1,359

The Guardian - AU

My father, Ken Saro-Wiwa, died fighting for a clean Nigeria. Thirty years on, it’s time to stop sucking on the dirty teat of the oil cash cow

In 1995, as one of the Ogoni Nine, he was hanged after protesting against Shell’s oil pollution. With education and a move towards renewable energy, we can honour his legacy

The Guardian - UK

When polluters don’t pay: still no cleanup at South African oil refinery that’s caused millions in damage but was sold for 6 cents

When BP and Shell sold the South African Petroleum Refinery (Sapref) in 2024 to the Central Energy Fund, a government entity, for R1 (or six US cents), environmental advocates warned that Sapref had not taken any steps to clean up pollution. Neither had it made reparations for harm inflicted on…

The Conversation

How thousands of fossil fuel lobbyists got access to UN climate talks – and then kept drilling

Exclusive: Research shows oil, gas and coal firms’ unprecedented access to Cop26-29, blocking urgent climate action

The Guardian - US

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Evening Standard

Reeves urged to examine ‘legality’ of Shell-Equinor deal to create new company

Campaigners opposed to the Rosebank oil field, of which Equinor is a majority shareholder, are amongst those raising concerns with the Chancellor.

Benzinga

Shell Secures 15-Year LNG Deal With UAE's ADNOC

Shell PLC (NYSE:SHEL) shares are trading lower on Tuesday. The company’s subsidiary, Shell International Trading Middle East Limited FZE, penned a 15-year deal with Abu Dhabi National Oil Company (ADNOC).

Evening Standard

BP accelerates overhaul with higher asset sale target as profits beat forecasts

The oil giant reported third quarter underlying replacement cost profits of 2.21 billion US dollars (£1.68 billion), down 3% on a year earlier.

Euronews

European markets rise, oil prices jump on OPEC+ decision

Key European stock indexes started the week with gains, boosted by the oil sector and expectations for a range of corporate earnings this week.

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Fortune

Exxon and Chevron hike oil production despite global glut and see more ‘frontier exploration’ as U.S. shale boom slows

Chevron cited more exploration efforts in Suriname, Brazil, Angola, Nigeria, Namibia, and the Middle East.

Benzinga

Shell Extends Buyback Spree With $3.5 Billion Plan After Profit Beat

Shell Plc (NYSE:SHEL) shares are trading slightly higher on Thursday. The company posted mixed third-quarter fiscal 2025 results.

The Guardian - UK

Shell’s profits pass $43bn after production hits new highs in Brazil and Gulf of Mexico

Oil company plans to buy back shares for 16th consecutive quarter as protesters say its earnings are ‘horror show’

The Guardian - UK

FTSE 100 winning streak ends as WPP shares hit lowest level since 1998; ECB holds rates at 2% - as it happened

Rolling coverage of the latest economic and financial news

The Independent UK

Shell to return £2bn to shareholders as profits soar

The energy firm attributed the improved performance to higher sales volumes and enhanced trading margins

Evening Standard

Shell posts stronger-than-expected profits as more cash handed to investors

The FTSE 100 firm reported adjusted earnings of 5.43 billion US dollars (£4.1 billion) for the third quarter of 2025, surpassing analyst guidance.

The Independent UK

Thousands of jobs at risk as Petrofac files for administration

Petrofac said it will now enter insolvency after Dutch electricity grid TenneT terminated a major contract

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