All the updated news related to shell

All the news related to shell updated in real time

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City

Shell reports drop in emissions, urges vote against ‘unrealistic’ targets

Shell said it has reduced its greenhouse gas emissions by 16% over the last five years and promised to lead society in its decarbonisation efforts. The business also urged shareholders to vote against more ambitious climate proposals which it says ...

20 Apr 2022 at 14:25

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 ...

07 Apr 2022 at 09:25

Controversial Cambo oil field a ‘huge opportunity’, insists energy boss

Developing the Cambo oil field is a “huge opportunity” for the UK in terms of energy security and jobs, an energy boss said after his firm became the majority stakeholder for the controversial project. Alan Bruce, the chief executive of ...

08 Apr 2022 at 11:55

Controversial Cambo oil field a ‘huge opportunity’, Ithaca Energy boss insists

08 Apr 2022 at 10:25

City

Shell fuels calls for windfall tax with record profits haul

Shell has revealed record first-quarter profits thanks to soaring oil and gas prices in an update set to further fuel demands for a windfall tax on the sector. The oil giant joined rival BP in posting better-than-expected underlying ...

05 May 2022 at 08:55

City

BP and Shell to face pressure as profits set to soar

London’s biggest oil companies will face an odd dilemma next week as they present what is likely to be their best set of results for years while facing calls to cough up more in tax. The businesses are predicted to report a ...

29 Apr 2022 at 16:25

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 ...

28 Feb 2022 at 19:25

‘Think carefully’ about Russian investments, Sunak warns businesses

British firms should “think very carefully” about making any investments in Russia which would support Vladimir Putin’s regime, the Chancellor has said. Rishi Sunak warned there is “no case” for new investment in ...

13 Mar 2022 at 11:55

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....

10 Mar 2022 at 12:55

City

Shell Energy to pay £500,000 after overcharging thousands of price cap customers

Shell Energy is to pay more than £500,000 after overcharging thousands of customers for their gas and electricity since the energy price cap was put in place over three years ago. The business will be forced to ...

25 Aug 2022 at 10:52

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 ...

28 Jul 2022 at 16:11

City

BP expected to report soaring profit days after Shell and Centrica slammed

Bosses at BP will likely be nervously eyeing the headlines that fellow energy giants Shell and Centrica generated this week as they prepare to present their own set of bumper profits. The oil giant is ...

29 Jul 2022 at 15:42

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