The Latest Breaking News from Shell

It comes as gas prices have risen significantly across Europe following Russia’s invasion of Ukraine

Payout comes after oil firm reported $11.5bn second-quarter profits amid soaring energy prices

There are fresh calls for Australia's biggest corporations to rein in record profits in order to provide low wage earners with some cost-of-living relief.

Record pump prices have helped it rake in profits of £880 a second, while Shell, British Gas and other energy suppliers have also been benefiting from the pain of customers

Analysis: Is the energy industry willing to invest in renewables rather than dividends and buybacks?

As the UK continues to struggle under the cost of living crisis, with energy bills rising and petrol prices at increased costs, energy companies have revealed their multi-billion pound profits

The average bill is expected to hit around £3,600 in October and then rise again in January with experts warning that thousands could fall into fuel poverty as the cost of living and energy crisis continues.

The oil and gas giant has announced a 10% rise in shareholder dividends

Renewed calls for windfall tax as energy firms make ‘eye-watering’ sums as families struggle to afford bills

Labour says government is ‘totally wrong’ to give tax breaks to oil companies amid cost of living crisis

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…