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The Latest Breaking News from Shell

‘We will not stand by’: Shell exits Russia projects worth $3bn as Ukraine backlash grows

ENERGY giant Shell has bowed to pressure to exit all joint ventures with Kremlin-controlled oil firm Gazprom, ditching stakes in three major gas projects and the undersea pipeline Nord Stream 2 worth a total of $3 billion.

Evening Standard

City comment: Russian gas will keep flowing even if Shell ditches Gazprom

Shell must follow BP and dump Gazprom.

Evening Standard

Shell faces pressure over Gazprom after rival BP pulls plug on $25bn Russia assets

ENERGY giant BP’s decision to sever links with Kremlin-controlled Rosneft has piled pressure on other oil majors to follow suit, with FTSE 100 rival Shell facing calls to dump its Russian assets.

Evening Standard

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Could share buybacks be the next big controversy on the FTSE?

Critics say the billion-pound giveaways should be invested in the business instead of being returned to shareholders

Evening Standard

San Diego Symphony launches $125 million renovation of Jacobs Music Center and Copley Symphony Hall

SAN DIEGO — The San Diego Symphony aimed sky-high with last summer’s opening of The Rady Shell at Jacobs Park, its $85 million outdoor concert venue nestled between the bay and the downtown skyline. Now, the 112-year-old orchestra is aiming even higher with Wednesday's announcement of the $125 million renovation…

Tribune News Service

The great greenwashing scam: PR firms face reckoning after spinning for big oil

A comprehensive study confirms that oil companies are largely all talk and no action when it comes to clean energy initiatives

The Guardian - US

Oil firms’ climate claims are greenwashing, study concludes

Most comprehensive scientific analysis to date finds words are not matched by actions

The Guardian - UK

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Big oil all talk, no action on climate change? Researchers say they've got the proof

Analysis of the investments of Shell, Chevron, BP, and ExxonMobil finds their transition to clean energy companies "is not occurring", despite pledges to the contrary.

ABC News

Edinburgh's cheapest filling station fuel prices uncovered amid record-high inflation

With the cheapest destinations within Edinburgh coming from supermarket garages, the data also revealed that the difference in price between petrol and diesel is slim compared to previous years

Edinburgh Live

Phihong Technology Selected to Support Shell Groups Global EV Charging Expansion SPONSORED

Phihong Technology, a global supplier of power products and EV charging stations, has been selected by Shell, one of the world's largest oil and gas companies, to support their continued expansion into the global EV charging market.

The News Lens

Slain 15-year-old boy had lost his mother in CTA train accident years earlier. ‘It was very hard for him. He had dreams.’

Sincere Cole was shot his head Saturday in the 2400 block of West Marquette Road in Marquette Park, police said. Family said he was shot about two dozen times on a sidewalk outside a Shell Gas station.

Chicago Sun-Times

Oil majors face backlash as era of big profits returns

Paris (AFP) - Soaring energy prices have brought massive profits to oil majors -- along with fierce criticism from environmentalists and politicians at a time when consumers are left with rising bills.

AFP

'Shell bosses coining it in while Brits choose between heating and eating'

The Government could have ended the unfairness by levying a windfall tax on oil and gas giants and using the proceeds to cushion households from the cost of living crisis

Daily Mirror

The case for a UK windfall tax on oil and gas giants is unanswerable

While the likes of BP make colossal profits, consumers face huge bills. The solution is clear, says professor of political economy Michael Jacobs

The Guardian - UK

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The Independent UK

Dutch lawyer to get German prize for landmark climate cases

A lawyer who helped win cases forcing the Dutch government and oil giant Shell to cut carbon emissions, is to receive a 10,000-euro ($11,410) award in Germany

Manchester Evening News

Person rushed to hospital after they were cut from car after smash at petrol station

The smash, which involved a car and a van, happened beside the Shell petrol station on Crompton Way

The Guardian - UK

‘Cash machine’ BP dismisses calls for windfall tax as profits hit eight-year high

Company swings to $12.8bn profit from loss of $5.7bn the year before as it cashes in on gas and oil price hikes

ABC News

Queensland gas commission calls for urgent action amid allegations of illegal development

The state government and a Shell-owned gas company are being called on to "urgently act" amid an investigation into alleged unlawful development.

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Al Jazeera

‘Big Oil’ board members face hot seat over climate ‘deception’

Oil industry insiders will appear before US Congress as powerful companies face a reckoning for the climate crisis.

Daily Mirror

Jimmy Carr volunteered for redundancy from 'easy' job at Shell before comedy career

Jimmy Carr was "miserable" while working in marketing for Shell after graduating from university - so he took voluntary redundancy and decided to make a go of comedy

Birmingham Post

Shell selected as carbon capture technology provider for Humber Zero partner

Considerable expertise welcomed as successful model already deployed in Canada chosen

ABC News

How green is your power company? How to check and find the best electricity deal for you

Rebekkah Wilde has been with the same energy provider for years – but this year she's making a change.

The Guardian - UK

£40bn profits for BP and Shell fuel calls for windfall tax on energy firms

‘Obscene’ amounts of surplus cash should be used to ease cost of living crisis, MPs told

Daily Mirror

How much profit did Shell and BP make in 2021 - as Brits suffer 54% energy price hike

Energy companies like Shell, Exxon and BP are enjoying huge profits, all while every day Brits face a massive rise in gas prices amid a tough cost of living crisis

The Guardian - UK

No 10 implicitly rebukes Bank of England chief over wage restraint call, amid unions anger – as it happened

Rolling coverage of the latest economic and financial news

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People

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