The Latest Breaking News from Shell

Shell - which also announced a new £3.4billion windfall for shareholders - is on track to surpass the record profit it made last year.

President Joe Biden criticized record energy company profits after Shell Plc announced it earned $9.5 billion in the third quarter, raised its dividend and expanded share buybacks.

Bumper earnings prompt calls for overhaul of UK windfall tax after Shell admission it will not pay any this year

Households and businesses hit by higher prices caused by the conflict should be helped by companies that have benefited

Editorial: Britain is in trouble if Rishi Sunak says it’s difficult to choose between cutting public services and taxing excessive energy profits

Key UN reports published in last two days warn urgent and collective action needed – as oil firms report astronomical profits

The government could be doing so much more to protect consumers, says former BP executive Nick Butler

Shell is on course for its most profitable ever year and made more than double the profit it did for the same period last year

Economics is not a morality play. Don’t take my word for it – Paul Krugman said it first. In a 2010 blogpost I for some reason never forgot (alongside a host of random Arsenal scores from the early 2000s and Taylor Swift bridges), he wrote:

Shell’s takings hit £8.2bn in third quarter as domestic bills soar

Despite the cost-of-living crisis, Just Stop Oil protests and an eerily warm autumn, this is a propitious time to be an oil and gas giant. Shell has announced that its adjusted earnings have more than doubled to £8.3 billion in the three months to the end of September, compared with…