All the updated news related to ben van beurden

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City

Shell confirms up to 5 billion dollar hit from quitting Russia

Oil giant Shell has confirmed it will take a hit of between 4 billion and 5 billion dollars (£3.1bn-£3.8bn) from offloading its Russian assets as the company pulls back from the country. Bosses said they will no longer buy oil on the so-called spot ...

07 Apr 2022 at 09:25

City

Shell to sell all stakes in Gazprom joint ventures

Oil giant Shell has announced plans to sell its stake in all joint ventures with Russian partner Gazprom, calling Russia’s invasion of the country “senseless” and a threat to European security. The company said it will sell its 27.5% stake in a ...

28 Feb 2022 at 19:25

City

Shell boss pockets £1m pay rise

The boss of Shell pocketed a £1.1 million pay rise last year after the business reported a record profit that led to strong calls for a windfall tax on the sector. Ben van Beurden took home 7.4 million euros (£6.3 million), up from 5.8 million ...

10 Mar 2022 at 12:55

City

Shell posts record profits for second quarter running as energy prices stay high

Shell will return billions of dollars to its shareholders as it continues to profit from massive energy price hikes following the Russian invasion of Ukraine. The business said it would buy back six billion dollars (£4.9 billion) worth of ...

28 Jul 2022 at 16:11

City

Shell yet to pay any extra windfall tax, bosses confirm

Oil giant Shell has avoided paying any extra windfall tax despite making record profits so far this year as the business said it was investing heavily in the North Sea. The company said that it does not expect to pay any extra tax this ...

27 Oct 2022 at 12:17

City

Shell more than doubles third quarter profit to £8.2 billion but oil price falls

Oil giant Shell continued to build on 2022’s record results as it added nearly 10 billion dollars in extra profit to its balance sheet as gas prices remained high. The business said its adjusted earnings more than doubled to 9.5 ...

27 Oct 2022 at 09:39

Shell boss ‘regrets’ not acting earlier on two environmental issues

City

Shell boss ‘regrets’ not acting earlier on the environment

The chief executive of Shell has said he regrets not acting earlier on two issues linked to the environment as he prepares to step down after nearly a decade in charge. Ben van Beurden said that he should have acted in 2015 on ...

27 Oct 2022 at 18:40

Shell ‘sorry’ for buying Russian oil last week

The boss of Shell has said he is “sorry” for buying a shipment of Russian oil last week even as dozens of major international companies announced they would abandon the country over its war in Ukraine. The business bought the ...

08 Mar 2022 at 12:25

City

Shell boss opposes windfall tax as profits soar 14-fold

The boss of Shell has said his company is facing a “difficult situation” after the business reported a 14-fold increase in profits as the price of gas soared. The business leader also batted away suggestions of a windfall ...

03 Feb 2022 at 17:25

City

Shell profits expected to dip from recent highs after gas price drop

New chief executive Wael Sawan is unlikely to be introduced to shareholders alongside another set of record profits, but Shell will have continued to benefit from massively high energy prices in the last months of 2022. ...

27 Jan 2023 at 13:20

City

Shell boss Ben van Beurden to step down at end of year as replacement revealed

The chief executive of Shell will step down later this year after close to a decade in the top job which saw him steer the business towards promises of a green future. Ben van Beurden will hand over the reins to the ...

15 Sept 2022 at 08:57

City

Shell’s former boss saw pay swell to £9.7m in 2022

Shell has reignited calls for a beefed-up windfall tax on the sector after the oil giant revealed its former boss saw his pay package soar by more than 50% to £9.7 million last year. Shell’s annual report showed ...

09 Mar 2023 at 09:34

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