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The Latest Breaking News from Shell

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

Credit Suisse turmoil and the most damaging leaked memos

When a leak leads to a torrent of embarrassment for global companies, sometimes if you didn’t laugh you’d cry.

Crikey

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Energy firm deadlines for people who didn't provide meter reading on October 1

We have rounded up meter reading deadlines for major firms including British Gas, EDF, Scottish Power, E.on, Shell and others

Chronicle Live

Edinburgh petrol station cordoned off as police lock down local garage

The Shell garage on Seafield Road in Leith has been entirely cordoned off by the emergency services, with the petrol station currently closed to the public.

Edinburgh Live

Investments and pensions: what can you do about UK financial turmoil?

The impact the fallout from Kwasi Kwarteng’s mini-budget has had on your money

The Guardian - UK

Government reaches agreement with gas producers to cover shortfall, avoids pulling 'gas trigger'

Resources Minister Madeleine King says she does not need to pull the so-called "gas trigger" and restrict gas exports after producers agreed to provide additional gas to avoid a shortfall on the east coast next year.

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Gateshead woman pulled knife on shop customer who tried to stop her partner stealing

Patricia Hymers and Ryan Reynolds were stealing from a Shell garage shop when staff and members of the public tried to intervene

Chronicle Live

Old fuel depot site on the market

A huge parcel of near-vacant industrial land has gone on the market in Hamilton North next to the suburb's former gasworks.

Newcastle Herald

Only one energy firm provides adequate support to customers struggling with bills, Ofgem says

A study by Ofgem revealed British Gas was the only supplier with no issues in how they support struggling customers

Manchester Evening News

New Asda store will be built at site of Sunderland petrol station despite local backlash

The Shell filling station on The Broadway will be replaced with a new 'top up' Asda

Chronicle Live

Revealed: the budget bonanza for UK’s best-paid bosses from Tory tax cut

Scrapping top rate of tax could save hundreds of thousands for some of the highest earners, analysis reveals

The Guardian - UK

Shell Whale Trades Spotted

Someone with a lot of money to spend has taken a bullish stance on Shell (NYSE:SHEL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Cheapest petrol stations in Greater Manchester as fuel prices fall to lowest since mid-May

Oldham, Rochdale and Tameside have some of the cheapest petrol prices in our region

Manchester Evening News

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Daily Mirror

Heavily pregnant woman killed the day before baby shower in horror drive-by shooting

The couple had reportedly been leaving a Shell petrol station when a white sedan with tinted windows sped up alongside their vehicle and fired multiple rounds into car, according to the police

Bristol Post

'Just Stop Oil': Two Bristol women deliberately get jailed

"We’ve exhausted all other options"

Liverpool Echo

Are petrol stations open today? Tesco, Sainsbury's, Asda, Morrisons and Shell bank holiday warning

Many supermarkets and petrol stations will be closed

Salon

Oil companies amp up their greenwashing

A new report finds that Big Oil spent $750 million last year on climate-friendly marketing

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The Guardian - US

Criticism intensifies after big oil admits ‘gaslighting’ public over green aims

Fury as ‘explosive’ documents reveal largest oil companies contradicted public statements and wished bedbugs upon critical activists

The Hindu

IISc signs research agreement with Shell India

Focus of partnership will be on reduction of greenhouse gas emissions and promotion of decarbonisation

The Guardian - UK

Governments urged to act after oil giants accused of misleading public

Documents suggest Shell and BP staff privately downplayed public commitments on climate crisis

The Hindu

Shell enters into EV charging business; starting with Bengaluru

The energy company has plans to install over 10,000 charging points across India by 2030

The Guardian - UK

Why Kwarteng’s focus on bankers’ bonuses is a strange fight to pick

Some of the chancellor’s other proposals may represent a step back to the light-touch era that led to 2008-09 crash

The Guardian - UK

Could Wael Sawan usher in a renewable revolution at Shell?

Campaigners hope to see a radical shift under the former renewables boss but it is likely to be more continuation than revolution

Evening Standard

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

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