The Latest Breaking News from Shell

Shell has issued a reminder to Europe of the disruption entailed in disentangling itself from its energy framework

There seems to be more runway for big oils and the geopolitical disruption scenarios seem underpriced, according to BofA Securities. The European Oil & Gas Outlook: Analyst Christopher Kuplent named Shell and TotalEnergies as the Big Oil top picks and changed the target prices for:

Number of people fleeing Ukraine passes 2m and WHO says vital medical supplies are running out

CEO Ben van Beurden said Shell’s decision to buy Russian oil ‘was not the right one and we are sorry’

Its chief executive said buying the oil was not the right decision

Shell oil last week and said it would withdraw completely from any involvement in Russian hydrocarbons over the country's invasion of Ukraine. "We are acutely aware that our decision last week to purchase a cargo of Russian crude oil ... was not the right one and we are sorry," Shell…

Shell says it will stop buying Russian oil and natural gas

The boss of the FTSE 100 company also today apologised for buying Russian crude oil last week, seven days after Putin launched a horrifying attack on Ukraine civilians

Boss Ben van Beurden said it was wrong to buy the shipment of crude oil.