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The Latest Breaking News from Shell

£40bn profits for BP and Shell fuel calls for windfall tax on energy firms

‘Obscene’ amounts of surplus cash should be used to ease cost of living crisis, MPs told

The Guardian - UK

How much profit did Shell and BP make in 2021 - as Brits suffer 54% energy price hike

Energy companies like Shell, Exxon and BP are enjoying huge profits, all while every day Brits face a massive rise in gas prices amid a tough cost of living crisis

Daily Mirror

No 10 implicitly rebukes Bank of England chief over wage restraint call, amid unions anger – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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Rising energy prices 'another devastating blow' to constituents, says Newcastle MP Chi Onwurah

She is calling on the Government to put a windfall tax on gas giants like Shell, who are celebrating record profits as the public feels the squeeze

Chronicle Live

Shell boss faces fury amid calls for windfall tax as cost of living soars

Shell boss Ben van Beurden, who has earned £70million in seven years as its CEO, promised shareholders a bumper dividend, insisting it was 'appropriate'. The company announced profits of £14billion

Daily Mirror

Shell boss opposes windfall tax as profits soar 14-fold

A ‘small player’ like Shell cannot influence energy bills on its own, Ben van Beurden said.

The Independent UK

Shell hands billions back to investors as soaring energy bills lift profits

Shell today defended handing multi-billion dollar payouts to investors after 2021’s blistering rise in natural gas and oil prices helped propel annual profits to a seven-year high.

Evening Standard

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Oil giant Shell celebrates 14-fold rise in profits in ‘momentous year’ as families face surging energy bills

Energy giant reports bumper results as UK households face 50% jump in bills

The Independent UK

Shell to hand £6bn to shareholders as oil and gas prices soar

The business said profits have risen dramatically in the last few months.

The Independent UK

MBO at engineering company which works with Shell, P&G and Unilever

The company was founded in 1983 and employs 25 people

Birmingham Post

BP & Shell make £900-a-second profits as Brits shiver at prospect of energy bills rise

According to analysis, Shell could reveal profits of almost £4.3billion and BP of almost £3billion in the final three months of last year. Meanwhile, ordinary families are struggling to pay their bills

Daily Mirror

Could EV Fast Charging Be More Profitable Than Pumping Gas?

Oil companies BP, Shell and Total have been buying up assets in the EV charging value chain. Are they simply planning for the future or hoping to make bank?

InsideEVs

Denmark to withdraw troops from Mali after junta's demands

In tonight's edition: Tensions continue between Mali and Europe. Denmark has now announced it will withdraw a contingent of 100 troops from Mali against the backdrop of growing tensions between Bamako and Paris. Also, we see how refugees fleeing violence in Burkina Faso have been coping as they try to…

France 24

Why the London Stock Exchange has become a playground for activist investors

GlaxoSmithKline, SSE, Unilever, and Shell have all found themselves in the crosshairs of activist funds who until recently focused their attentions on Wall Street — why?

Evening Standard

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The Guardian - UK

Carbon offsetting is not warding off environmental collapse – it’s accelerating it

Wealthy companies are using the facade of ‘nature-based solutions’ to enact a great carbon land grab, says Guardian columnist George Monbiot

The Guardian - UK

Federal Reserve leaves interest rates on hold, but March rise looks likely – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - US

Oil firms accused of scare tactics after claiming climate lawsuits ‘a threat to US’

Attorneys for BP, Exxon and Shell claim city of Baltimore’s case over ‘deception and failure to warn’ could kill offshore drilling

Wales Online

Asda, Tesco, Sainsbury's and Morrisons current petrol prices compared as drivers look for cheapest fuel

We checked the latest prices of petrol and diesel as recorded for each supermarket and found the cheapest and most expensive prices in every area of Wales

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news in one place.

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Evening Standard

Shell CEO Ben Van Beurden: Carbon emissions court ruling was ‘body blow’

ROYAL DUTCH SHELL’s CEO Ben van Beurden today described a court ruling from The Hague ordering faster, deeper cuts to the company’s carbon emissions as a "body blow".

The Guardian - UK

Scottish government in line for near-£700m payday after windfarm auction

Seabed permits given to 17 projects from companies including Scottish Power, Shell, BP and SSE

Insider UK

Crown Estate Scotland confirms ScotWind leasing winners

A total of just under £700m will be paid by the successful applicants to the Scottish Government

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