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The Latest Breaking News from Shell

Shell may have to abandon £3bn stake in Russian gas plant

Kremlin sets up new firm to own Sakhalin-2 plant, with stakeholders given a month to sign up or they could lose money

The Guardian - UK

This Is What Whales Are Betting On Shell

Someone with a lot of money to spend has taken a bullish stance on Shell (NYSE:SHEL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Couple left 'humiliated' after energy firm breaks into their home and installs new meter by mistake

Locks were changed and a new meter was installed without them knowing

Nottingham Post

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Couple's shock as note tells them locks have been changed by WRONG energy company

"I just felt sick knowing that somebody had broken into our home and installed a meter, without our knowledge."

Manchester Evening News

Wrong energy firm enters home, installs meter and changes locks by mistake

Rachael was locked out for hours and left with a meter she can't use - and has never been a customer of SSE

Wales Online

Shell, Australian Workers Union in stalemate over Prelude dispute

Contractors set to fly out to the resources rig were told to stand down in response to a disagreement over pay increases, rostering and job security.

ABC News

Fuel prices reach £2.09 per litre in some parts of Wales as drivers face 'urgent situation'

The average price of a litre of petrol reached a new high in the UK this week

Wales Online

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Sunak urges banks to keep funding oil and gas firms after windfall tax

Sector says £5bn energy profits levy will make investment in new projects and renewables more difficult

The Guardian - UK

Chancellor visits Aberdeen to appease oil and gas executives

Rishi Sunak is set to hear from both staff and bosses at North Sea energy companies

Insider UK

Cheapest petrol stations in every Scots city as drivers hit with rising prices

We have compiled a list with five of the cheapest prices for both unleaded and diesel in Scotland's cities.

Daily Record

7 things to know about San Diego’s stunning new music venue

This just in: San Diego does things differently than Los Angeles.

Los Angeles Times

Windfall tax ‘seriously flawed’, says North Sea oil and gas producer

Harbour Energy lobbies Rishi Sunak for changes to profits levy because of impact on smaller firms

The Guardian - UK

Norwegian oil giant ‘threatens to ditch £4.5bn North Sea project over Rishi Sunak’s windfall tax’

The firm ‘privately said’ its funding of the extraction project is ‘under review’, a source has said

The Independent UK

The unforeseen cost of $0.69-a-gallon gas? One Shell station manager's job

LOS ANGELES — For a few hours last week, drivers in Northern California found a surprise respite from rising prices — a Shell station selling fuel for $0.69 a gallon. But the deal of a lifetime was the result of a misplaced decimal point, and the manager responsible has been…

Los Angeles Times

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Liverpool Echo

Acid attacker jailed, Shell robbery and dispersal zone

The latest evening ECHO headlines on Wednesday, June 15

Liverpool Echo

Shell garage cordoned off after robbery as van crashes into lamppost

A white van was crashed into a lamppost on a quiet residential road shortly after a cash in transit robbery in Huyton

Benzinga

TECO 2030 Launches Hydrogen Tanker Concept With Partners

TECO 2030 (OTC: TECFF) is launching a hydrogen powered tanker concept, Hy-Ekotank, together with our partners Ektank AB, Shell Shipping and Maritime, and DNV. The hydrogen powered tanker will allow zero emission at berth, and up to 100% reduction of GHG emissions during voyage.

Asharq Al-Awsat

QatarEnergy, TotalEnergies to Collaborate on North Field East Project

QatarEnergy signed a partnership deal with France's TotalEnergies on Sunday for the North Field East expansion of the world's largest liquefied natural gas (LNG) project. QatarEnergy's chief executive said more partners would be announced in the coming days. The Gulf state is partnering with international energy companies in the first…

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news in one place.

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ABC News

How your spiking energy bills are making foreign investors rich

Australia's oil and gas resources are overwhelmingly exploited by global multinationals and most of these corporations pay no tax.

Benzinga

Check Out What Whales Are Doing With SHEL

A whale with a lot of money to spend has taken a noticeably bullish stance on Shell. Looking at options history for Shell (NYSE:SHEL) we detected 20 strange trades.

Daily Record

Cheapest petrol stations in Scots cities as prices see biggest jump in 17 years

On Tuesday, it was reported that the price of petrol had seen jumped by 2p a litre - making it the biggest daily jump in 17 years.

Edinburgh Live

Prices at Edinburgh and West Lothian petrol stations sky rocket to nearly £2

Fuel prices are on the rise again hitting nearly £2 per litre and the highest daily price jump in 17 years which the RAC describe as a national crisis

The Guardian - UK

There’s a simple way to fight the cost of living emergency: a £15 an hour minimum wage

Opponents say this will lead to a wage-price spiral – but that’s an argument that’s stuck in the 1970s, says Labour MP Nadia Whittome

Los Angeles Times

Commentary: Give drivers a gas tax holiday. Tax windfall profits from oil companies instead

At the gas station near my home in Burbank, California, gas prices last week were an astronomical $6.50 per gallon, much higher than the nationwide average of $4.67, and just above the statewide average of $6.19 per gallon. Filling up the tank can cost a shocking $100. Working families cannot…

Insider UK

Tax breaks could lead to more than £8bn of North Sea projects

Investment incentives in the chancellors windfall levy could accelerate oil and gas developments

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