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The Latest Breaking News from Shell

Cambo oilfield development could be back on after takeover

Ithaca Energy buys Siccar Point, which paused project when Shell pulled out after environmental opposition

The Guardian - UK

Shell launches £5m energy hardship fund for struggling households - how to apply

Shell Energy's move comes as the Ofgem price cap rocketed by 54% - almost £700 - on April 1.

Chronicle Live

Energy firm launches £5million hardship fund for struggling households - how to access it

It comes after the energy price cap surged by 54% from April 1

Wales Online

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Major energy firm launches £5million hardship fund - see if you're eligible for help

Shell Energy has launched a hardship fund for struggling households, offering a £5million pot of cash to help customers due the cost of living crisis. It comes after the Ofgem price cap shot up by almost £700 last week

Daily Mirror

Dow Jones Drops After Market Sell-Off; HP Soars On Warren Buffett Stake

The Dow Jones Industrial Average fell Thursday following two straight days of sharp market sell-offs. HP soared 15% on a Warren Buffett stake.

Investors Business Daily

Morning Brief: Top Stories Dominating Financial Media on Thursday, April 7

Reuters Here’s Why HP Shares Are Trading Higher Premarket

Benzinga

Shell Forecasts Russia-Related Impairment Charges Of $4B-$5B In Q1 FY22

Shell Plc (NYSE: SHEL) will write down up to $5 billion follow

Benzinga

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Energy giant Shell hikes Russian exit hit to $5 bn

London (AFP) - Shell on Thursday warned that its exit from Russia over the Ukraine war would cost the British energy giant up to $5 billion, but it would fulfil pre-conflict contracts to buy fuel from Moscow.

AFP

Shell says Russia exit has already cost $5 billion

Shell says its decision to pull out of Russia in response to the country’s invasion of Ukraine has already cost the international energy giant as much as $5 billion

The Independent UK

Shell says exit from Russia could cost it $5 billion

Writedowns, credit losses and “onerous contracts” will cost the company between $4 billion and $5 billion

Evening Standard

Shell to take hit of up to $5 bn on Russia exit

London (AFP) - British energy giant Shell warned Thursday that it would take a hit of up to $5 billion (4.6 billion euros) on its exit from Russia, following Moscow's invasion of Ukraine.

AFP

Shell confirms up to 5 billion dollar hit from quitting Russia

The oil giant said last month it would offload its businesses in Russia following the country’s invasion of Ukraine.

The Independent UK

Energy and inflation worries mount; US jobless claims lowest since 1968 – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Boris Johnson energy strategy review could have big impact on Scotland

The long-awaited energy strategy from the UK Government could be good news for oil, gas and renewable sectors in Scotland.

Daily Record

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Los Angeles Times

Lawmakers question oil executives on price gouging, but seem cool to price controls

WASHINGTON — As consumers fume over skyrocketing prices for gasoline and other commodities, congressional Democrats on Wednesday called executives from big oil companies on the carpet to explain why they appear to be making unseemly fat profits in the face of an international crisis.

Investors Business Daily

Dow Jones Slides After Stock Market Sell-Off As 10-Year Treasury Yield Surges

The Dow Jones Industrial Average slid Wednesday, extending losses from Tuesday's stock market sell-off, as the 10-year Treasury yield surged.

Roll Call

Executives due at gas price hearing gave $1 million to parties, candidates

One CEO called to testify about high gas prices at a hearing Wednesday gave $469,000 since 1993, public records show.

Evening Standard

Juries keep letting Extinction Rebellion off the hook — here’s why

In April 2021, I was one of six Extinction Rebellion protesters acquitted of criminal damage to Shell’s London HQ. Two years earlier, we poured fake oil onto the steps and walls of the oil major’s building in Waterloo, broke windows and painted messages that said: “Shell Knew”, “Shell Lies” and…

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Evening Standard

London electric car owners face 33% hike in the cost of charging as Ubitricity puts up prices

The price rise represents a £4.32 increase for a full charge of a Tesla model 3.

Investors Business Daily

Dow Jones Falls After Stock Market Rally; Elon Musk To Join Twitter Board

The Dow Jones Industrial Average dropped Tuesday. Tesla CEO Elon Musk is set to join Twitter's board of directors.

Investors Business Daily

Dow Jones Futures: Apple Retakes Entry, Tesla Eyes Buy Point And Twitter Soars On Musk Stake

Dow Jones futures were lower ahead of this week's Fed minutes. Apple and Tesla stock made bullish moves, while Twitter soared 27%.

Chronicle Live

How loyalty cards can help drive down fuel costs when you fill up your car

You can save at the pump at Sainsbury's, Tesco and other forecourts if you have the right card in your wallet

Investors Business Daily

Dow Jones Falls; Tesla Rises Despite 'Exceptionally Difficult Quarter'; Twitter Soars On Musk Stake

The Dow Jones Industrial Average fell Monday, as Tesla climbed after the company reported record vehicle deliveries.

Investors Business Daily

IBD Stock Of The Day: Shell Stock Sets Up Despite Efforts To Lower Prices

Major oil-and-gas producer Shell is the IBD Stock of the Day. Shell stock is close to breaking out of a base.

Bristol Post

The cheapest places to buy petrol and diesel in Bristol right now

Fuel prices appear to be largely unchanged this week

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