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The Latest Breaking News from Shell

South Africa’s largest oil refinery sold for a few cents: will BP and Shell be held accountable for environmental damage?

The sale of the South African Petroleum Refinery (Sapref), jointly owned by multinational energy companies BP and Shell, to the state-owned Central Energy Fund for R1 (five US cents) raises questions about whether the company is evading its social and environmental liabilities.

The Conversation

Does voting help the climate?

The world’s biggest election took place in heat so severe it claimed the lives of several poll workers.

The Conversation

3 Consumer Finance Picks to Watch for Growth-Oriented Investors

The consumer finance sector is projected to experience solid growth and expansion, driven by easy access to loans and credit facilities and the emergence of advanced digital financial platforms. Amid this backdrop, growth-oriented investors could consider adding consumer finance stocks Nomura Holdings (NMR), WEX Inc. (WEX), and ORIX (IX) to…

StockNews.com

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Why the US oil majors may end up doing more for the green transition than their (slightly) more progressive European rivals

The energy transition is not on track to mitigate the effects of climate change. Take the case of Shell, whose shareholders recently voted to decelerate the UK-based oil giant’s climate targets. Shell had planned to cut its “net carbon intensity” by 20% by 2030 and 45% by 2035, but now…

The Conversation

At least 23 killed and thousands without power as severe storms and tornadoes hit central US

Texas will continue to be hit with widespread storms and excessive heat on Tuesday as death toll climbs in other states

The Independent UK

British Cycling's future secured by 'game-changing' title sponsor deal with Lloyds Bank

The 'landmark' partnership will see the bank sponsor the Tours of Britain and be present on GB's cycling kit

Cycling Weekly

Climate activists lead Shell shareholder rebellion over decarbonization targets. Will it work?

The resolution, co-filed by climate activist investor Follow This, achieved 19% of the vote.

Fortune

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30 Times Burnt-Out Signs Created Unintended Humor

Ever noticed a store sign with missing letters that turns into something funny by accident? There's a whole subreddit called "misLED" dedicated to capturing these moments, and we've gathered some of the best examples to share with you. The post 30 Times Burnt-Out Signs Created Unintended Humor first appeared on…

Bored Panda

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

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

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Cycling Weekly

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

InsideEVs

‘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.

Ideal Home

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!

Top News

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...

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International Business Times

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.

Evening Standard

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

International Business Times

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.

The Guardian - UK

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

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

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