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The Latest Breaking News from Shell

BP and Shell profits more than double UK climate commitments, new figures show

BP and Shell profits in 2024 more than double the UK’s climate financial commitments, new figures show ...

The National (Scotland)

Ad giant WPP reported to global watchdog for promotion of polluting clients

Lawyers have filed a complaint to the Organisation for Economic Cooperation and Development on behalf of environmental campaigners.

The Independent UK

BP Stock Eyes Key Level Amid Elliott Management Stake Reports

BP stock popped early Monday on reports that activist Elliott Management has built a stake and seeking changes.

Investors Business Daily

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What is Rachel Reeves ‘green fuel’ plan for Heathrow – and will it work?

Labour has set targets for the take up of new sustainable fuel

The Independent UK

Nigeria In Talks To Restart Oil Production In Ogoniland

Nigerian government considers resuming oil production in Ogoniland post-Shell's exit, facing environmental concerns and community engagement.

Top News

Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered environmental damage after oil giant Shell’s sale of its onshore business in the country

The Independent UK

Big Dividend Hikes: 4 Large-Cap Stocks Increasing Payouts

These four large-cap stocks, three of which are S&P 500 members, are raising their quarterly dividend payments to kick off 2025.

MarketBeat

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Shell boss dismisses Reeves' 'game changer' green fuel for Heathrow claim

Wael Sawan, the chief executive of oil giant Shell, said that sustainable aviation fuel is expensive and that airlines will be slow to take it up.

The Independent UK

In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm

In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey

The Independent UK

FTSE 100 smashes through 8,600 mark for the first time

London’s top index finished 89.07 points, or 1.04%, higher to end the day at 8,646.88.

The Independent UK

Shell still reviewing moving listing away from London but not a live discussion

Oil company Shell says is still mulling moving its stock market listing from London to New York but that it wasn't a “live discussion” at the moment

The Independent UK

North Sea firms to go ahead with Rosebank despite 'unlawful' court ruling

NORTH Sea operators are to press ahead with the development of two major oil and gas fields despite the project being ruled as “unlawful” in a…

The National (Scotland)

Scottish Court Rules Against Two New North Sea Oil And Gas Fields

A Scottish court on Thursday ruled against the development of two oil and gas fields in the North Sea in a "historic win" for two environmental groups.

International Business Times

Legal challenge against major North Sea oil and gas fields successful

A judge has upheld a legal challenge by environmental campaigners against the decision to grant consent to two new oil and gas fields in the North…

The National (Scotland)

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Evening Standard

Judge upholds legal challenge against new North Sea oil and gas fields

The decision to grant consent to the Rosebank and Jackdaw oil and gas fields will now be reconsidered, taking into account downstream emissions.

The Independent UK

Plans to drill UK’s largest untapped oilfield thwarted in court

The Conservative-led government approved Shell’s proposals to develop the Jackdaw field in 2022

International Business Times

Shell Annual Profit Drops To $16 Bn As Oil Prices Fall

British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs.

The Guardian - UK

Shell investors in line for multibillion-dollar windfall despite weak profits

A 4% dividend increase alongside share buybacks of $3.5bn for last three months of year awaits shareholders

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The Guardian - UK

European Central Bank cuts interest rates to support growth as eurozone economy stagnates - as it happened

Live coverage of business, economics and financial news as ECB cuts main interest rate by 0.25 percentage points in effort to support European economies

The Independent UK

Shell leaving London Stock Exchange ‘not a live discussion’ as dividends are raised

The energy major said profits fell after a year of operating in ‘a lower price environment’

Evening Standard

Shell raises dividend to shareholders as profit falls amid lower oil prices

The energy major said profits fell after a year of operating in ‘a lower price environment’, amid shrinking margins from its oil refining business.

The Guardian - UK

The oil crisis fuelled by Russia’s war is evaporating – and so are the profits

Results from Shell and Exxon this week will be weaker – and Trump’s desire to drill may result in oversupply

The Independent UK

Shell to post lower 2024 profit after year of faltering oil demand

The expected drop comes after a year in which oil prices have steadied and demand has fallen globally.

International Business Times

Oil Giant BP Cuts Thousands Of Jobs To Slash Costs

British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is cutting thousands of contractor roles to reduce costs.

The Independent UK

BP delays investor event as boss Murray Auchincloss recovers after medical procedure

BP boss Murray Auchincloss is ‘recovering well’ and will be back in the office by February

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