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The Latest Breaking News from Shell

Extinction Rebellion protest Shell deal at British Cycling AGM

Group promises more action against governing body’s controversial Shell sponsorship

Cycling Weekly

Oil, gas giants could pay climate damage and still profit: report

Major oil and gas companies such as Aramco, ExxonMobil and Shell could have paid for their share of the damage caused by climate change and still earned trillions of dollars in profit, researchers said on Thursday.

Radio France Internationale

Extinction Rebellion plots another British Cycling protest

Around 20 protesters will target the governing body's AGM this weekend to denounce its deal with Shell

Cycling Weekly

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read the most diverse news in one place.

National Portrait Gallery criticised over choice of sponsor to replace BP

New portrait prize sponsor, the law firm Herbert Smith Freehills, has represented the oil company

The Guardian - UK

Shell sues Greenpeace for $2.1m in damages over fossil fuel protest in North Sea

Energy firm’s lawsuit looks for indefinite block on group’s protesters targeting its infrastructure

The Guardian - UK

Shell edges out Volkswagen to top the list of companies bringing in the most revenue in Europe

An energy crisis sent Shell's profits soaring as oil and gas companies dominated the inaugural Fortune 500 Europe list.

Fortune

There are 74 women in the CFO role at companies on the inaugural Fortune 500 Europe list

Together, the 500 companies brought in revenue of $13.94 trillion in their most recent fiscal year.

Fortune

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Allegations of extensive sexual abuse at Kenyan offsetting project used by Shell and Netflix

NGOs report allegations of abuse and harassment at Kasigau Corridor conservation project in southern Kenya over 12 years

The Guardian - UK

First Thing: Blinken arrives in Tel Aviv to meet Netanyahu

The US secretary of state is expected to call for localized pauses in fighting to allow aid into Gaza. Plus: Nicolas Cage and the power of dreams

The Guardian - UK

Shell face backlash as oil giant records 'grotesque' profits

THE Scottish Greens have hit out at Shell after the oil and gas giant said adjusted profits came in at $6.2 billion (£5.1bn) during the three…

The National (Scotland)

Shell angers climate activists with plan for $23bn shareholder payout

Company prepares to cut jobs from low-carbon division and focus on high-profit oil projects

The Guardian - UK

These are the best logos of all time

We review the greatest logos ever designed.

Creative Bloq

BP’s interim boss struggles to be heard. But his message is right

‘Nothing’s changed’ stance by Murray Auchincloss needs time despite sceptism of investors

The Guardian - UK

BP shares take a hit on profit miss even after fresh $1.5 billion payday for investors

The UK's fourth most valuable company makes the biggest fall on the FTSE 100

Evening Standard

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StockNews.com

3 Industrial Stocks Worth Adding to Your Portfolio in November

Strong demand and technological advancements are poised to fuel growth in the industrial machinery industry. To that end, it could be wise to buy fundamentally strong machinery stocks Curtiss-Wright (CW), Komatsu (KMTUY), and Twin Disc (TWIN). Keep reading.

The Independent UK

Deadly explosion off Nigeria points to threat posed by aging oil ships around the world

An explosion aboard the Trinity Spirit off the coast of Nigeria last year that killed five workers and left two others unaccounted for stands among the deadliest tragedies on an oil ship or platform in recent years

Fortune

Shell takes axe to its eco-friendly business in profit push

The group is paring back its hydrogen operations, but said it was focused on lowering emissions.

The Guardian - UK

UK regulator trying to block release of Shell North Sea documents

Exclusive: North Sea Transition Authority under fire for using lawyers to argue against publication of environmental impact

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The Guardian - UK

Shell boss set to cut jobs from low-carbon division

Wael Sawan ready to axe 200 roles from division as part of plan to grow profits

Radio France Internationale

Qatar announces 27-year gas deal with Italy's Eni

Qatar has agreed to supply Italian firm Eni with natural gas for 27 years, the Gulf emirate's state-owned energy company announced Monday. The deal comes after similar contracts with France and the UK.

Fortune

Chevron boss says his company has changed the quality of life on Earth for the better

Mike Wirth, an industry veteran, even described Chevron as “grounded in integrity and a deep belief in doing the right thing” before brushing off Big Oil critics and making a “real-world” case for fossil fuels.

Evening Standard

FTSE 100 Live: Index ends worst week since August down 2.6% as bond sell-off continues, Shell cutbacks

The FTSE 100 appears set to close down more than 1% for the third consecutive day, as gilt yields continue to push ever-higher.

Evening Standard

Shell cuts hundreds of contractors amid 'ruthless' shake-up by new CEO

Wael Sawan has laid out plans for a 'ruthless focus on performance, discipline and simplification'

The Guardian - UK

From the Guardian archive: some of John Vidal’s greatest pieces

Former environment editor, who has died aged 74, wrote for the Guardian for more than 30 years

Autosport

Why F1’s looming fuel revolution has triggered Sainz's attention

Hor having forged a close working relationship with Ferrari’s fuel and lubricants partner Shell since joining the squad in 2021, his understanding of the complexities behind what powers his engines has grown considerably.

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