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The Latest Breaking News from Shell

Tuesday briefing: To drill or not to drill – Burnham’s first big climate test

In today’s newsletter: As we enter our fifth summer heatwave, Andy Burnham’s government is looking at what the UK should do with its remaining North Sea oil and gas

The Guardian - UK

ONGC, Shell India ink pact to explore deepwater blocks, LNG sourcing

ONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ultra-deepwater oil and gas opportunities together. The companies will also assess potential liquefied natural gas sourcing options. This collaboration aims to enhance India's energy security and domestic resource development. The partnership supports India's…

The Economic Times

$48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?

Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oil prices surging above $100 a barrel amid US-Iran hostilities. Their combined cash generation hit a record $90 billion, surpassing levels seen after Russia’s 2022 invasion of…

The Economic Times

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Revealed: major oil firms make $93bn profits amid war and climate crisis

Iran conflict windfall over three months reignites calls for companies ‘cashing in on human misery’ to pay for environmental damage

The Guardian - UK

Miners prosper while oil drops on new Middle East peace hopes

The FTSE 100 index closed up 21.68 points, or 0.2%, at 10,879.38.

Evening Standard

BP profit doubles to $5.7bn as war between US and Iran drives up oil prices

The five majors, BP, Shell, ExxonMobil, Chevron and TotalEnergies, together made about $46bn between April and June

The Independent UK

TotalEnergies to buy Shell's wind and solar businesses in Europe

French energy giant TotalEnergies said that it had signed a deal with Shell to buy its European onshore renewable energy businesses for an undisclosed amount.

Euronews

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BP boss urges Burnham to prioritise UK oil and gas even as firm exits North Sea

Meg O’Neill says ‘where we generate jobs, we generate tax revenue’, as company’s profits more than double

The Guardian - UK

Shell to sell European onshore renewables business to TotalEnergies

The FTSE 100 energy giant said the deal will include assets in the UK, Italy, the Netherlands and Spain.

Evening Standard

Iran war ushers in oil refining golden era. It won't last

War-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the windfall may prove temporary as capacity returns and energy transition pressures re-emerge.

The Economic Times

Two in serious condition after sudden building collapse

Two men have been rushed to hospital after they were pulled out of rubble following the sudden collapse of a building in an inner-city suburb.

AAP

EREVs Can Apparently Be Almost As Low-Maintenance As Full EVs

The SkyNomad N70 and N90 won't need their oil changed for up to three years. Xiaomi wants its EREV models to be as cheap to run as its EVs.

InsideEVs

Oil pollution in Nigeria: NGOs accuse Shell of bad pipeline maintenance

After decades of operations in the Niger Delta, oil giant Shell is once again facing allegations regarding pollution. A consortium of NGOs is accusing the company of having been aware of oil spills yet allowing them to continue, in order to keep raking in ever-greater profits – amounting to nearly…

Radio France Internationale

Shell’s profits have more than doubled while Americans keep paying more at the gas pump

‘When wars make oil companies richer, something’s seriously messed up in the world,’ one social media user noted

The Independent UK

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Evening Standard

FTSE 100 reaches new heights in spite of ongoing Iran war

The FTSE 100 Index has already hit record intraday highs in the past two days, reaching 10979.24 at one stage on Thursday.

The Economic Times

School Assembly News Headlines, July 31, 2026: Top national, international, business, sports updates and thought of the day

Parliament passed the Vande Mataram Bill, granting national song legal protection. Delhi Police reviews arrests amid NEET-UG protests, while Uttarakhand faces heavy rain. China establishes a high-altitude drone hub in Tibet for border operations. Pakistan works to mediate between the US and Iran amid regional tensions. Ajinkya Rahane retires from…

The National (Scotland)

Outrage as 'maniacal' Shell profits amid backdrop of war and wildfires

"STRUCTURAL reform" is needed to combat climate change, campaigners have said as one of the North Sea's largest oil and gas firms…

The Economic Times

Shell's Q2 profit more than doubles to $9.8 billion, beats estimates

Shell reported a significant profit increase in the second quarter, reaching $9.84 billion. Higher energy prices and market volatility contributed to this strong financial performance. The company's integrated gas and chemicals businesses also saw substantial profit gains. Shell maintained its share buyback program at $3 billion for the next quarter.…

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The Guardian - UK

Shell’s profits more than double after jump in oil and gas prices

Environmentalists renew calls for windfall tax to support households after Q2 earnings rise to almost $10bn

Evening Standard

Shell half-year earnings soar to £12.6bn on Iran war oil price volatility

The FTSE 100 giant saw underlying earnings jump to 16.75 billion US dollars (£12.55 billion) after a 9.84 billion haul in the second quarter.

Evening Standard

FTSE 100 sets new record ahead of US rate call

The FTSE 100 was lifted by well-received earnings and gains in BP and Shell as the oil price strengthened.

Motor1

Man Goes To The Shell Gas Station. Then He Realizes The Pumps Have 2 Different Prices

"Is this a joke?"

The Guardian - UK

Oil prices fall as US pauses strikes on Iran over strait of Hormuz

Brent crude drops 9% to below $88 a barrel, prompting UK government bond yields to fall

Cycling News

Former mountain bike World Champion set to line up at UCI Gravel Worlds in Nannup, while USPro U23 ITT champion DQ'd at FoCo Fondo - Gravel Bits

Lauren Stephens wins third consecutive Fort Collins gravel race while Caleb Bottcher earns elite men's race win after solo ride by Kreikemeier nullified by disqualification

Evening Standard

FTSE 100 flat as oil price rises amid Middle East tensions

The FTSE 100 closed up 1.00 point at 10,498.29.

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