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Shell plc

British multinational oil and gas company

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Shell plc: British multinational oil and gas company
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue, and among the world's largest companies out of any industry. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015.

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Shell 'pauses Red Sea shipments indefinitely due to safety risk'

Shell has refused to comment on a report that it has suspended shipments through the Red Sea amid attacks on freight by Iran-linked Houthi rebels.
Sky News - Published

Phone and broadband provider fined £1.4m for breaching consumer protection rules

The electricity, phone and broadband provider arm of Shell has been fined £1.4m by the communications regulator for breaking customer protection rules.
Sky News - Published

Shell sues Greenpeace for £1.7m after activists boarded vessel in North Sea

Greenpeace is facing a £7m lawsuit in one of the biggest ever legal challenges against the group after its activists boarded an oil vessel.
Sky News - Published

Shell shareholder rewards hit $23bn for the year as quarterly profits rise

Shell has attracted a backlash after revealing an increase in shareholder rewards on the back of a rise in quarterly profits.
Sky News - Published

Oil and gas giant's retreat from renewables deepens

Oil and gas giant Shell has continued its retreat from renewables as it is set to cut 200 low-carbon jobs and review another 130.
Sky News - Published

Octopus Energy gains two million new customers in Shell deal

Shell has agreed to sell its household energy supply business in the UK and Germany to Octopus Energy.
Sky News - Published

MP failed to declare she owned Shell shares worth £70,000 while working as environment secretary

A former Conservative minister failed to declare she held more than £70,000 in Shell shares while she was environment secretary.
Sky News - Published

Shell profits cut by half due to plunging energy prices

Shell has revealed a big fall in the second quarter of its financial year, largely due to energy prices plunging from their Russia-Ukraine war peak.
Sky News - Published

'Misleading' Shell adverts banned

'misleading' shell adverts banned
Three adverts for Shell that publicise its climate-friendly products have been banned for glossing over its "large scale" investments in oil and gas.
Sky News - Published

Protesters try to storm stage at Shell AGM

protesters try to storm stage at shell agm
Climate change campaigners have tried to storm the stage at Shell's annual general meeting.
Sky News - Published

Shell hands £4.7bn to shareholders as quarterly profits beat forecasts

shell hands £4.7bn to shareholders as quarterly profits beat forecasts
Shell has revealed it is handing a further $6bn (£4.7bn) to shareholders after its latest quarterly profits beat its own forecasts.
Sky News - Published

'Outrageous' pay package worth nearly £10m for former Shell boss refuels tax debate

'outrageous' pay package worth nearly £10m for former shell boss refuels tax debate
Shell's chief executive earned £9.7m last year, a 53% pay rise, as the company reported record profits due to elevated global energy prices.
Sky News - Published

Shell reports profits of nearly $10bn for third quarter of year

shell reports profits of nearly $10bn for third quarter of year
Shell has reported operating profits of $9.5bn (£8.19bn) for the third quarter of this year, lower than that of the three months before but still more than double the same period in 2021.
Sky News - Published

Shell boss calls on government to tax oil and gas companies to protect poorest

shell boss calls on government to tax oil and gas companies to protect poorest
The chief executive of Shell has called on the government to tax oil and gas companies in order to protect the poorest people in society from soaring energy costs.
Sky News - Published

Shell's North Sea Jackdaw gas field gets final regulatory approval

Shell's North Sea Jackdaw gas field has received final regulatory approval.
Sky News - Published

Shell says windfall tax 'creates uncertainty' about North Sea oil and gas investment

shell says windfall tax 'creates uncertainty' about north sea oil and gas investment
Shell has said the chancellor's windfall tax "creates uncertainty" about investing in oil and gas in the North Sea.
Sky News - Published

'Deeply hypocritical': 20 oil and gas firms who support Paris Agreement projected to spend $932bn on new sites by 2030

Just 20 fossil fuel firms including Shell and BP are projected to spend $932 billion (£715 bn) on new oil and gas fields by 2030, according to new research shared exclusively with Sky News.
Sky News - Published

Shell reportedly reconsidering decision to pull out of controversial Cambo oilfield development

Shell is reportedly reconsidering its decision to pull out of the controversial Cambo oilfield development in Scotland.
Sky News - Published

'Sorry' Shell turns its back on all Russian oil and gas after backlash

'sorry' shell turns its back on all russian oil and gas after backlash
Shell has revealed further plans to turn its back on Russia over the invasion of Ukraine by saying it will stop "all involvement" with the country's oil, gas and other hydrocarbon products.
Sky News - Published

Fresh call for windfall tax as oil and gas price surge delivers profit bounce for Shell

Annual profits at energy giant Shell have surged to $17bn as it was boosted by higher oil and gas prices.
Sky News - Published