The Latest Breaking News from Shell

It’s not the only company filling its boots while poor people have to pay more for electricity. Luckily Grant Shapps is on hand to look busy, says Guardian columnist Marina Hyde

Energy giant Shell made one of the biggest ever profits by a UK company last year as soaring oil and gas prices, after the Russian invasion of Ukraine, doubled its earnings to a record $39.9 billion dollars (£32.2 billion). The vast scale of the profit at the multinational, which supplies…

In tonight's edition: More than 11,000 Nigerians sue oil giant Shell over pollution, damage caused by oil spills and loss of livelihood. Also, we speak to Kyle Walter, Head of US Investigations at Logically, about Russia's social media campaign to push pro-Kremlin messages on the continent. Finally, South Sudan gears…

Energy giants are reaping the benefits of high energy prices. Shell followed ExxonMobil in doubling its annual profit for 2022 to nearly $40 billion, the highest in its 115-year history. It's sparked outrage among climate activists and those calling for higher taxes as households struggle with high energy bills. Also…

The prime minister will go ahead with the referendum even without bipartisan support, he tells us

A look at those leading the oil and gas firm as it enjoys the largest profits in its 115-year-history

Even on the company’s broader metric, the greener stuff came out at only one-third of total expenditure

The shadow climate change secretary was on a visit to Nottinghamshire when he questioned why there couldn't be companies such as "Mansfield Energy" set up in future.

The oil major has posted the biggest profits in its history, nearly $40bn for 2022, but will only pay $134m in taxes