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The Latest Breaking News from Shell

The two largest US oil companies, Exxon Mobil Corp and Chevron Corp, posted record revenue in Q2 2022 on Friday. With crude surging above $100 a barrel shortly after the Russian invasion on Ukraine, and refining margins climbing due to tight plant capacity, ExxonMobil reported $17.9 billion in profits and…

Asharq Al-Awsat

Scots councils to consider opening buildings as 'warm banks' for freezing residents this winter

A Sunday Mail investigation has revealed local authorities are already working on schemes over fears that rocketing energy bills will leave thousands unable to heat their homes.

Daily Record

Rishi Sunak accused of conflict of interest over wife's links to oil giant Shell

Rishi Sunak's wife Akshata Murty owns an estimated £690 million stake in her father’s firm Infosys - which last year signed a lucrative pact with money-spinning oil giant Shell

Daily Mirror

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'You only have to look at energy prices to see what causes the cost of living to rise'

Shell have reported record profits of £10billion for a three-month period. This is a 10% increase on the previous three months, which means their profits are going up 40% a year

Daily Mirror

Oil company profits boom as Americans reel from high fuel prices

ExxonMobil posts second-quarter profits of $17.85bn – four times last year’s figure – with Chevron making $11.62bn

The Guardian - US

Oil giants report record results amid petrol and energy price hikes

Exxon Mobil, Chevron and Shell all came out on top in second quarter financials

Evening Standard

Oil giants report record profits

The two largest US oil companies, Exxon Mobil and Chevron Corp, reported record revenue and profits on Friday, bolstered by surging crude oil and natural gas prices and following similar results for European giants a day earlier.

Bangkok Post

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Good Morning Britain: Jack Monroe slams energy companies making record profits

British Gas owner Centrica and Shell have recorded billions in profits

Bristol Post

Broadband firm Jurassic Fibre appoints former Shell and Virgin boss as chief executive

Paul Hellings will replace the Devon-based company's founder, Michael Maltby, who will remain on its board

Birmingham Post

Shell reports record profits of nearly £10bn as Brits struggle to pay energy and fuel bills

The energy firm continues to make massive profits from energy hikes after the invasion of Ukraine

Wales Online

‘Insult to millions’: Shell and Centrica profits cause outrage as energy bills soar

News of billion-pound profits comes after UK households warned average annual bill could hit £3,850 by 2023

The Guardian - UK

British Gas and Shell rake in record profits in middle of cost of living crisis

Oil giants Shell and Centrica, the owners of British Gas, have attracted political anger as they recorded huge profits while consumers pay soaring energy bills.

Daily Record

Benzinga Before The Bell: Apple's Latest Move For Self-Driving Car Project, Monkeypox Is A National Emergency, Spirit-Jet Blue Merger And Other Top Financial Stories Thursday, July 28

Reuters

Benzinga

Energy giants announce billions in profits as UK faces cost of living misery

Centrica, the parent company of British Gas, recorded an increase in operating profits to £1.34billion, while Shell saw its profits hit a new all-time high of £9.5billion

Chronicle Live

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The National (Scotland)

British Gas owner and Shell report billions in profits amid cost of living crisis

TWO major energy firms have announced billions of pounds worth of profits as the UK faces an increasing cost of living crisis.

The Independent UK

Cost of living – Martin Lewis warns government to take ‘urgent action’ as energy bills soar

Oil and gas companies report landmark earnings as households crippled by price caps

The Independent UK

Shell profits hit record $11.5bn doubling in one year amid soaring energy prices

It comes as households continue to struggle in devastating cost of living crisis

The Guardian - UK

Shell and Centrica post profits totalling £11bn as households struggle with bills

British Gas owner reinstates dividends after operating profits of £1.3bn, while Shell reports £10bn profit between April and June

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news in one place.

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Evening Standard

FTSE 100 Live: Apple & Amazon beat analyst expectations, US recession odds higher, Shell profits surge

US giants Amazon and Apple posted results with revenue growth that beat analyst expectations.

The Independent UK

Shell profits hit record $11.5bn doubling in one year amid soaring energy prices - OLD

It comes as households continue to struggle in devastating cost of living crisis

Daily Mirror

Shell and British Gas owner announce billions in profits as UK faces cost of living misery

Centrica, the parent company of British Gas, recorded an increase in operating profits to £1.34billion, while Shell saw its profits hit a new all-time high of £9.5billion

The Guardian - UK

Biden says US economic slowdown due to Fed inflation-fighting measures – as it happened

US president says growth affected by moves to tackle inflation as US enters technical recession

Investors Business Daily

Shell Midstream Partners Stock Spikes On Buyout Announcement; Shell Tops Earnings Estimates

Shell Midstream Partners stock climbed 10% Tuesday after Shell agreed Monday to acquire the company in a $2 billion buyout deal.

Salon

Summer 2022: Dawn of the apocalypse

We've been warned for decades about the death march of climate change. But global elites have done almost nothing

Insider UK

Greenpeace launches legal challenge over Jackdaw gas field

Climate campaigners in Scotland have welcomed the move

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