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The Latest Breaking News from Shell

Shell to take hit of up to $2bn on Rotterdam and Singapore sites

Oil firm’s warning comes after it had to halt work on Europe’s largest biofuel project and sell refinery in Asia

The Guardian - UK

Shell reveals $2 billion in Rotterdam and Singapore write downs

Oil giant takes a hit from delays to giant biofuels plant a a cut to the sale price of a Singapore chemicals factory

Evening Standard

Ian Clark obituary

Local government officer who took on Big Oil in the Shetland Islands in the 1970s and later became joint managing director of Britoil

The Guardian - UK

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Oil Companies Shell And BP Evacuate Staff Ahead Of Hurricane

Shell and BP evacuate non-essential staff along the Gulf of Mexico in preparation for Hurricane Beryl, pausing some drilling operations.

Top News

Over 200 ad campaigns from oil and gas firms shown on TfL network since Sadiq Khan set out 'zero carbon' goal

The data comes as the UN Secretary-General urges world leaders to ban adverts from fossil fuel companies

Evening Standard

Shell to pause construction of huge biodiesel plant in Rotterdam

Technical difficulties blamed for new blow to firm’s sustainable energy plans

The Guardian - UK

Next UK government poised to benefit from fall in inflation and fuel prices

Pressure on household finances eases as shop price rises slow to 0.2% and petrol costs drop for second month

The Guardian - UK

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Big Oil guilty of murder for heat waves?

400 people died in an Arizona heat wave last summer. The nonprofit Public Citizen says this constitutes murder

Salon

Shell didn’t consult communities properly about mining the Wild Coast – but how much legal protection do South Africans have?

South Africa’s Supreme Court of Appeal recently dismissed an appeal by Shell, Impact Africa and the Department of Mineral Resources and Energy to overturn a High Court judgment that halted a seismic survey off the country’s pristine Wild Coast. The High Court found that the right to carry out a…

The Conversation

Hunter 'hot rocks' clean energy startup secures big funding boost

MGA Thermal is in the process of commissioning a pilot plant at Tomago.

Newcastle Herald

Stanford disappoints critics of fossil fuel donations by hiring PR firm with big oil ties

University hires Brunswick Group amid anger from campus organizers at its sustainability school’s funding

The Guardian - US

OPINION - Everyone hates City wide boys, but let's get real — Britain needs them

There is a new series of Industry coming up, which, as its name does not suggest, is a BBC series about goings-on in the City — or rather in a fictional investment bank, Pierrepoint. This paper billed it as Squid Game without the subtitles: bankers profiting from Covid, badly behaved…

Evening Standard

Rishi Sunak’s family firm Infosys still in dispute with HMRC for unpaid tax

RISHI Sunak’s family firm Infosys is still in a dispute with HMRC for unpaid corporation tax...

The National (Scotland)

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

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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.

StockNews.com

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…

The Conversation

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 Independent UK

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

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Cycling Weekly

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

Fortune

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.

Bored Panda

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…

The Guardian - UK

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 - US

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 National (Scotland)

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…

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