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The Latest Breaking News from Shell

Will AstraZeneca be the UK’s first £200bn company?

The former pharma laggard is in a race with Shell to be the first FTSE 100 stock to be valued at £200bn

The Guardian - UK

Climate victims file criminal case against bosses of oil firm Total

Case alleges French company’s exploitation of fossil fuel contributed to deaths of victims in extreme weather disasters

The Guardian - UK

Top oil firms’ climate pledges failing on almost every metric, report finds

Oil Change International says plans do not stand up to scrutiny and describes US fossil-fuel corporations as ‘the worst of the worst’

The Guardian - US

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The Ferret: Oil industry’s SNP lobbyists fuel worry on North Sea extraction

LOBBYING on behalf of the oil industry by former SNP spin doctors has sparked fears that the Scottish Government could be about to abandon its…

The National (Scotland)

South African communities vs Shell: high court victories show that cultural beliefs and practices count in climate cases

When the Shell petroleum company announced in 2021 that it wanted to explore for fossil fuels off South Africa’s pristine Wild Coast, Indigenous communities in the area immediately fought back through the country’s courts.

The Conversation

Shell urged to clarify climate targets as it braces for shareholder rebellion

NBIM, one of oil group’s largest investors, calls for ‘additional disclosures’ about green commitments ahead of AGM

The Guardian - UK

British Cycling targeted by anti-Shell billboards

Activists from Brandalism have replaced adverts with their own artwork across the country ahead of Shell's AGM

Cycling Weekly

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‘City of Superchargers’: Shenzhen’s Charging Network Surpasses Gas Stations

Shenzhen is the third largest city in China and it now has more EV superchargers than gas stations, local reports said.

InsideEVs

Primark’s new tableware is bringing the coastal trend back – and the shell-happy range is already going viral

Coastal tableware is truly making a splash!

Ideal Home

Shell CEO: No Plans For New York Relisting At Present

Shell, a major oil company, is not considering relisting in New York at present. The focus is on sustainability and long-term growth amidst strategic evalu...

Top News

Shell Logs 'Strong' Quarter As Earnings Fall But Top Expectations

British oil and gas giant Shell announced Thursday that first-quarter earnings fell but beat expectations in a "strong" performance, and unveiled another bumper stock buyback.

International Business Times

Shell profits come in at £46,000 a minute as oil giant beats City forecasts

Energy multi-national faces wave of anger from campaign groups but defends its low-carbon spending plans

Evening Standard

Shell Logs Sliding Profits As Revenues Sink

Turnover slid 16 percent to $74.7 billion following a sharp drop in gas prices, which had spiked following key producer Russia's invasion of Ukraine in 2022.

International Business Times

Shell reveals $3.5bn share buyback as it faces AGM showdown over emissions

Group of major shareholders plans to table resolution, accusing company of watering down climate pledge

The Guardian - UK

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Evening Standard

FTSE 100 Live 2 May: Shell beats forecasts amid fossil fuel rebound, Standard Chartered surges

Forecast-beating results by Shell and Standard Chartered today boosted their shares during another robust session for the FTSE 100 index.

The Guardian - UK

UK to be slowest-growing G7 economy next year, warns OECD – as it happened

Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025

Evening Standard

‘Crisis time’: The London Stock Exchange's £100 billion exodus

There could be even bigger seismic shocks ahead with firms like Shell considering leaving the London Stock Exchange

The Guardian - UK

FTSE 100 is an international laggard despite its record high

Index’s rise has been driven by the dollar’s strength against the pound – and that effect can reverse

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The Guardian - US

Louisiana’s flagship university lets oil firms influence research – for a price

Louisiana State University allowed Shell to influence studies after a $25m donation and sought funds from other fossil fuel firms

RideApart

This EV Charging Station Stuck Me In An App Loop and Wouldn't Let Me Charge

Shell acquired the Volta EV charging network in 2023. Some stations have rebranded to Shell Recharge, but some seem to have added app confusion baked in.

The Guardian - UK

Shell says it ‘lobbies for energy transition’ during climate ruling appeal

Company is fighting Dutch court ruling that says it must emit 45% less CO2 by 2030 than in 2019

The Guardian - UK

Abu Dhabi state oil company reportedly looked at buying BP

Adnoc decided move was not right fit but it is latest sign of foreign buyers circling UK firms

Barchart

2 Energy Dividend Stocks to Buy as Analysts Raise Oil Price Forecasts

With analysts raising oil price forecasts amid high demand and tightened supply, here are two dividend-paying European energy stocks for investors to consider.

Evening Standard

Latest London take-out deal for Lok'nStore adds to valuation fears as overseas buyers circle stock market

How a cross-Channel swoop for a self storage firm is unlocking wider fears over the future of London’s stock market

The Guardian - UK

Is Shell trying to kill the London stock market?

The biggest company on the market is threatening to leave. That is a different order of seriousness than seeing Flutter and CRH flee

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