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The Latest Breaking News from Shell

British Cycling sees 11% decline in membership in less than two years

Governing body focused on revenue growth after another year in the red

Cycling Weekly

‘I have to live in a cocoon’: locals in Pennsylvania feel ‘sacrificed’ for Shell plastics plant

Residents accuse the oil firm of overstating the benefits of its Pennsylvania ethane plant – and playing down the harms

The Guardian - US

Shell agrees to settle $2.1m lawsuit over Greenpeace protest

Campaign group will pay no money to oil and gas company, but will donate £300,000 to RNLI

The Guardian - UK

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Shell and Greenpeace settle legal action over ship protest

The environmental group will make a £300,000 donation to the RNLI without accepting liability or paying money to Shell.

Evening Standard

Why Shell Stock Is Rising

Shell stock is trading higher by 3.6% during Monday's session. The stock is higher due to optimism surrounding China's economic stimulus plans.

Benzinga

Equinor and Shell Unite Forces to Dominate UK North Sea Oil and Gas

Equinor and Shell to merge UK offshore oil and gas assets, create largest independent producer in UK North Sea, aiming to enhance production and energy security.

Benzinga

Shell and Equinor merge North Sea assets to create new company with 1300 jobs

SHELL and Equinor have said they will combine their offshore oil and gas assets in the North Sea to create a new company with 1300 employees.

The National (Scotland)

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Shell, Norway's Equinor To Form Joint UK Oil And Gas Firm

British energy giant Shell and Norway's Equinor announced plans Thursday to merge their UK offshore oil and gas assets to create a new jointly owned company.

International Business Times

Shell and Equinor tie-up to create new UK oil and gas producer

Shell said no jobs will be lost but that the deal was in recognition that the North Sea is ‘no longer the prolific basin that it once was’.

Evening Standard

Revealed: McKinsey clients had ‘rising share of global emissions’, internal analysis shows

Consulting giant had said it engages with clients to help them transition to cleaner energy even as it knew they were in line to exceed climate targets

The Guardian - US

Five firms in plastic pollution alliance ‘made 1,000 times more plastic than they cleaned up’

Five oil and chemical companies which promised to divert plastic from environment accused of producing 132m tonnes of it

The Guardian - UK

Shell’s Pyrrhic victory may well set the stage for more corporate climate accountability

The Court of Appeal found that it could not order Shell to reduce its emissions by 45% by 2030.

Fortune

Shell’s legal victory is disappointing – but this is not the end for corporate climate litigation

In the first ruling of its kind, the Dutch Hague District Court in 2021 ordered a fossil fuel company, Shell, to slash its emissions. This decision would have required the oil and gas giant to cut its emissions by 45% by 2030 (compared with 2019 levels) across its operations and…

The Conversation

Shell’s successful appeal will not end climate lawsuits against firms, say experts

Dutch appeal court ruled in favour of oil and gas company over judgment telling it to limit emissions

The Guardian - UK

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The Guardian - AU

Morning Mail: Judge delays Trump conviction ruling, archbishop of Canterbury resigns, NSW nurses strike

New York judge postpones decision about whether the case should go ahead

Evening Standard

FTSE 100 drops to three-month low as pound also slumps

The FTSE 100 index finished 99.42 points, or 1.22%, lower to end the day at 8,025.77.

The Guardian - US

Big oil firms knew of dire effects of fossil fuels as early as 1950s, memos show

Newly unearthed documents contain warning from head of Air Pollution Foundation, founded in 1953 by oil interests

The National (Scotland)

Legal challenge against Rosebank oil field begins in Edinburgh

A LEGAL challenge against the Rosebank oil field has begun in Edinburgh ...

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Evening Standard

‘Error of law’ made in consents for new oil and gas fields, court told

Greenpeace and Uplift are challenging a decision to open up the Rosebank and Jackdaw oil and gas fields.

International Business Times

Shell No Longer Required to Reduce Emissions by Specific Amount After Court Sides with Oil Giant

The Hague Court of Appeal ruled that while Shell has a responsibility to help fight climate change, it can do so by its own determined metrics.

The Independent UK

Shell wins appeal against landmark climate ruling to cut emissions

Shell had previously been ordered to cut its carbon emissions by 2030 in line with Paris climate accords

Radio France Internationale

Dutch court overturns landmark ruling and sides with Shell in climate case

Dutch judges ruled Tuesday against climate groups who said oil giant Shell was not doing enough to curb its greenhouse gas emissions, striking down a landmark judgement.

Top News

Dutch Court Overturns Shell Emissions Reduction Ruling

Dutch appeals court overturns landmark ruling for Shell to cut emissions by 45% by 2030, citing lack of consensus in climate science.

The Guardian - UK

First Thing: Trump expected to appoint China critics Marco Rubio and Mike Waltz

Rubio is reportedly in line for secretary of state, with Waltz expected to be made national security adviser. Plus, what’s behind all the celebrity lookalike contests?

Evening Standard

Shell welcomes Dutch court’s decision to overturn landmark climate ruling

The Court of Appeal in the Hague overturned the 2021 ruling that ordered Shell to cut emissions by 45% by 2030 compared to 2019 levels.

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