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The Latest Breaking News from Shell

Shell’s lack of ambition is maddening: it’s time to speed up transition to renewables

Even on the company’s broader metric, the greener stuff came out at only one-third of total expenditure

The Guardian - UK

Ed Miliband says local energy firms could be positive step despite Robin Hood collapse

The shadow climate change secretary was on a visit to Nottinghamshire when he questioned why there couldn't be companies such as "Mansfield Energy" set up in future.

Nottingham Post

Why is Shell’s UK windfall tax payment so low?

The oil major has posted the biggest profits in its history, nearly $40bn for 2022, but will only pay $134m in taxes

The Guardian - UK

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Energy bailiffs for the poorest, huge profits for the richest: this is Britain in 2023

The British Gas scandal about vulnerable people being forced on to prepayment meters is just the latest cruelty in this crisis, says Guardian columnist Gaby Hinsliff

The Guardian - UK

Shell reports record profits as energy prices soar after Russia's invasion of Ukraine

Energy companies have been reporting blockbuster profits since last year, after Russia's invasion of Ukraine sent oil prices sharply higher.

WEKU

See how long it will take Shell to earn your wage in just sheer profit

Oil giant has just recorded the highest profit in its 115-year history thanks to Putin’s invasion of Ukraine

Wales Online

Nigerian communities file damages claim against Shell in UK court

The claims say oil spills resulting from Shell’s operations in the Niger Delta have endangered the lives of residents.

Al Jazeera

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The Standard View: Shell-sized profits are more than bad optics

The phrase “never let a good crisis go to waste” is often attributed to Winston Churchill, but it could also be a maxim for the energy giant, Shell.

Evening Standard

Rishi Sunak understands public anger over ‘extraordinary’ Shell profits, No 10 says

Shell should invest more of the money in the UK, Downing Street suggest

The Independent UK

How much UK tax does Shell pay after reporting record profits?

Oil giant’s bumper year revives calls for tougher windfall levy on energy companies

The Independent UK

Shell profits branded 'sickening' as energy giant rakes in £68 billion in single year

Opposition parties have warned the UK Government's windfall tax does not go far enough.

Daily Record

Shell profit doubles to record $56 billion in 2022 as war drives up energy costs

Global energy giant Shell has said that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia's invasion of Ukraine.

ABC News

Nigerian communities file damages claim against Shell in London court

More than 11,000 Nigerians from the oil-producing Niger Delta have filed a compensation claim against Shell at the London High Court, the latest step in a case that will test whether multinationals can be held to account for the actions of overseas subsidiaries.

Reuters

Shell under the spotlight in the City after record-breaking profit

Questions on future strategy follow huge capital return plan powered by high gas prices amid calls for windfall tax hikes

Evening Standard

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Al Jazeera

Shell profits hit record $40bn as Britons endure inflation

UK firm reports highest annual profits in 115-year history, prompting anger among those struggling to pay energy bills.

The Guardian - UK

First Thing: Crackdown on environmental defenders at ‘alarming level’

Shooting in Atlanta part of dangerous escalation in the criminalization of environmental defenders, campaigners warn. Plus, how to escape learned loneliness

The Independent UK

Shell profit doubles to record as war drives up energy costs

Global energy giant Shell says annual profits doubled to a record high last year as oil and gas prices soared after Russia’s invasion of Ukraine

The Guardian - UK

Sunak tells Piers Morgan ‘biological sex matters’ – as it happened

Prime minister speaks in interview on TalkTV to mark his 100th day in office

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Wales Online

Rishi Sunak is 'too weak to stand up for British people' over energy bills

Rishi Sunak is facing mounting pressure to do more to help families with the cost of living after it was revealed today that energy giant Shell made its highest profits in more than 100 years

Evening Standard

Greenpeace protests outside Shell HQ in London after record profit announced

Shell made a £32.2 billion net profit last year, more than double what it made in 2021

The National (Scotland)

Oil giant Shell reports highest profits in 115 years as energy prices soar

OIL giant Shell has said that profits skyrocketed to £68.1 billion in 2022 due to soaring oil prices.

Insider UK

Shell profits reach record £68 billion after energy price surge

Energy giant's earnings leap 53% year-on-year, following the Russian invasion of Ukraine

Evening Standard

£32bn Shell profits fuel new windfall tax storm

The vast scale of the profit at the multinational is set to trigger calls for an even bigger increase in windfall tax

The Independent UK

Shell’s record profits more than double UK’s climate funding

Government letting energy giants ‘off the hook’, say opposition and campaigners after profits hit £68bn

Evening Standard

FTSE 100 Live: Interest rates hit 4%, Shell posts record profit

The improved stock market mood is under strain today after earnings updates by tech giants Apple, Google owner Alphabet and Amazon.

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