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The Latest Breaking News from Shell

BP expected to roll back green energy pledges to boost profit

The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a bid to boost profit.

Evening Standard

BP signs $25bn deal to redevelop Iraq’s oil and gasfields as it slashes investments in renewable energy

BP previously committed to cut oil and gas production by 40 per cent by 2030

The Independent UK

US fossil fuel industry campaigns to kill policies that ban gas in new buildings

Oil and gas interests coordinate campaign to stop local and state policies, putting climate at risk, new report shows

The Guardian - US

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London High court probes Shell over Niger Delta pollution claims

The High Court in London commenced a hearing to address allegations that the oil company Shell has polluted vast areas of the Niger Delta in Nigeria, particularly in regions traditionally claimed by the Ogoni people.

Radio France Internationale

Philippines storm survivors join climate protest outside Shell HQ in London

Greenpeace activists draw attention to worsening typhoons and demand accountability from major polluters

The Guardian - UK

Activists smash display cases with typhoon-wrecked belongings at Shell’s London HQ

Greenpeace activists swept broken glass into the doorways at the oil company’s HQ

Evening Standard

BP Pledges Strategic 'Reset' As Profit Tumbles

Britain's BP on Tuesday said its annual net profit slumped 97 percent last year, as the struggling oil and gas giant pledged to "fundamentally reset" its strategy.

International Business Times

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BP and Shell profits more than double UK climate commitments, new figures show

BP and Shell profits in 2024 more than double the UK’s climate financial commitments, new figures show ...

The National (Scotland)

Ad giant WPP reported to global watchdog for promotion of polluting clients

Lawyers have filed a complaint to the Organisation for Economic Cooperation and Development on behalf of environmental campaigners.

The Independent UK

What is Rachel Reeves ‘green fuel’ plan for Heathrow – and will it work?

Labour has set targets for the take up of new sustainable fuel

The Independent UK

Nigeria In Talks To Restart Oil Production In Ogoniland

Nigerian government considers resuming oil production in Ogoniland post-Shell's exit, facing environmental concerns and community engagement.

Top News

Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered environmental damage after oil giant Shell’s sale of its onshore business in the country

The Independent UK

Big Dividend Hikes: 4 Large-Cap Stocks Increasing Payouts

These four large-cap stocks, three of which are S&P 500 members, are raising their quarterly dividend payments to kick off 2025.

MarketBeat

Shell boss dismisses Reeves' 'game changer' green fuel for Heathrow claim

Wael Sawan, the chief executive of oil giant Shell, said that sustainable aviation fuel is expensive and that airlines will be slow to take it up.

The Independent UK

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The Independent UK

In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm

In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey

The Independent UK

FTSE 100 smashes through 8,600 mark for the first time

London’s top index finished 89.07 points, or 1.04%, higher to end the day at 8,646.88.

The Independent UK

Shell still reviewing moving listing away from London but not a live discussion

Oil company Shell says is still mulling moving its stock market listing from London to New York but that it wasn't a “live discussion” at the moment

The National (Scotland)

North Sea firms to go ahead with Rosebank despite 'unlawful' court ruling

NORTH Sea operators are to press ahead with the development of two major oil and gas fields despite the project being ruled as “unlawful” in a…

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International Business Times

Scottish Court Rules Against Two New North Sea Oil And Gas Fields

A Scottish court on Thursday ruled against the development of two oil and gas fields in the North Sea in a "historic win" for two environmental groups.

The Independent UK

Plans to drill UK’s largest untapped oilfield thwarted in court

The Conservative-led government approved Shell’s proposals to develop the Jackdaw field in 2022

The National (Scotland)

Legal challenge against major North Sea oil and gas fields successful

A judge has upheld a legal challenge by environmental campaigners against the decision to grant consent to two new oil and gas fields in the North…

Evening Standard

Judge upholds legal challenge against new North Sea oil and gas fields

The decision to grant consent to the Rosebank and Jackdaw oil and gas fields will now be reconsidered, taking into account downstream emissions.

International Business Times

Shell Annual Profit Drops To $16 Bn As Oil Prices Fall

British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs.

The Guardian - UK

Shell investors in line for multibillion-dollar windfall despite weak profits

A 4% dividend increase alongside share buybacks of $3.5bn for last three months of year awaits shareholders

The Guardian - UK

European Central Bank cuts interest rates to support growth as eurozone economy stagnates - as it happened

Live coverage of business, economics and financial news as ECB cuts main interest rate by 0.25 percentage points in effort to support European economies

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