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The Latest Breaking News from Shell

Church of England joins shareholder revolt on Shell climate goals

London (AFP) - The Church of England Tuesday said it will vote against a "green" transition plan proposed by energy giant Shell, joining other minority shareholders in calling for more ambitious carbon-cutting targets.

AFP

Shell shareholders should oust chair, says influential adviser

Pirc and Church of England back calls for investors to vote against Sir Andrew Mackenzie at AGM

The Guardian - UK

Italian oil firm Eni faces lawsuit alleging early knowledge of climate crisis

Exclusive: Company accused of ‘lobbying and greenwashing’ for more fossil fuels despite knowing of risks

The Guardian - UK

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Shell: Fire that reignited at Texas plant is extinguished

Shell says a fire at its Houston area petrochemical plant is finally extinguished

The Independent UK

'There's always someone off their head': The suburb where people don't feel safe in broad daylight

A petrol station near homeless accommodation will be allowed to sell alcohol. Residents have described the decision as 'disastrous'.

Manchester Evening News

Texas fire: Flames soar into sky as huge blaze at chemical plant 'caused by explosion'

Initial reports said the fire erupted after an explosion at the Shell facility in Deer Park, a suburb east of Houston, Texas. As a result, nine people were hospitalised

Daily Mirror

Texas petrochemical plant fire sends 5 workers to hospital

Emergency responders were called to help around 3 p.m. on Friday at the Shell facility in Deer Park, a Houston suburb. A Deer Park official said that there was no shelter-in-place order.

WEKU

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Shell looks to sell off its stake in controversial Cambo oilfield

Energy firm’s 30% stake in field off Shetlands up for sale amid fierce opposition to new North Sea drilling

The Guardian - UK

Filipino activists appeal to British banks over region devastated by oil spill

Environmentalists from the Philippines urge investors to avoid LNG projects which they say threaten the Verde Island Passage

The Guardian - UK

Shell looks to sell stake in Cambo oil field

The oil major is looking for a buyer for its 30% holding in the controversial project

Insider UK

Man rushed to hospital following serious assault at Shell garage

A MAN has been rushed to hospital following a serious assault at a Shell Garage in the city's Southside.

The National (Scotland)

Fury as Shell makes £7.6BILLION in 3 months as Tory windfall tax failure blamed

The oil giant raked in a record £7.6billion in the first three months of this year, or £986 every second, and showered shareholders with £4.8billion

Daily Mirror

Calls for tax ‘loopholes’ to be closed as Shell makes £1.4bn more than expected

The business made 9.6 billion US dollars in earnings in the first three months of this year.

The Independent UK

Fury as Shell rakes in record $9.6bn first quarter ‘profit bonanza’

Shell’s ‘profiteering bonanza’ fuelled calls for a tougher windfall tax on oil giants accused of cashing in on soaring energy prices

The Independent UK

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Evening Standard

Shell’s £8 billion profit stokes calls for more taxes as it makes £58,000 a minute

Anglo-Dutch oil major to return £3.2 billion to investors

AFP

Shell caps blazing profits season for energy majors

London (AFP) - Shell unveiled Thursday a sharp jump in profits, capping a blockbuster first-quarter earnings season for global energy majors that have shrugged off weaker gas and oil prices.

The Guardian - UK

First Thing: drones hitting Odesa in Ukraine daubed with ‘for the Kremlin’

Ukraine downs 18 drones, two of which are found to carry pro-Russian slogans, as Ukrainian residents prepare for curfew after night of heavy shelling. Plus, the dazzling, troubling history of California superbloom tourism

Daily Record

Labour and SNP slam Tories after Shell profits are £1.4bn more than expected

Labour Shadow Scotland Secretary Ian Murray said the profits were 'unearned' and called for a 'proper windfall tax' on large oil and gas companies.

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The Independent UK

Shell posts $9.6 billion profit even as energy prices slide

Global energy giant Shell says it earned nearly $10 billion in the first quarter, becoming the latest fossil fuel company to post strong financial results despite sliding oil and gas prices

The National (Scotland)

Oil giants 'practically untouched' by windfall tax as Shell announces bumper profits

OIL giants Shell, Equinor and BP have announced multi-billion pound profits, sparking calls for tougher windfall taxes on fossil fuel companies.

Insider UK

Shell makes nearly £1.4 billion more than expected

Oil giant will buy back shares worth £3.2bn from investors over the next three months

The Guardian - UK

ECB’s Lagarde says some firms have taken advantage of inflation to lift profit margins, after raising interest rates – as it happened

European Central Bank has lifted its key interest rates by a quarter of one percent

Wales Online

Shell makes nearly £1.4bn more than expected in first three months

The business joined its rival BP in reporting expectations-beating results

The Guardian - UK

Shell accused of ‘profiteering bonanza’ after record first-quarter profits of $9.6bn

Figure easily beats predictions and comes despite fall in oil and gas price

Evening Standard

FTSE 100 Live: US regional bank shares tumble further; ECB signals further rate hikes to come; FTSE down 1.2%

Next, Shell and BAE Systems have posted updates today in a session when another major central bank is expected to hike interest rates.

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