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The Latest Breaking News from Shell

Dutch Court Rules Shell Not Obliged To Cut Emissions

Dutch court rules Shell not obligated to make significant emissions cuts by 2030, sparking debate on corporate responsibility in climate change.

Top News

Dutch appeals court overturns landmark climate ruling against Shell

A Dutch appeals court has overturned a landmark ruling that ordered energy company Shell to cut its carbon emissions by net 45% by 2030 compared to 2019 levels

The Independent UK

UK grocery inflation picks up to 2.3%; unemployment rises while regular wage growth slows – as it happened

Consumers started their Christmas shopping early, Kantar says; UK jobless rate rises to 4.3% while wage growth excluding bonuses is at a two-year low

The Guardian - UK

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Shell defeats landmark climate ruling ordering cut in carbon emissions

Oil and gas company had challenged 2021 ruling that it must reduce greenhouse gas emissions by 45% by 2030

The Guardian - UK

Dutch Court To Rule In Shell Climate Appeal

Dutch judges will on Tuesday rule on an appeal by oil giant Shell against a landmark judgement binding it to reduce carbon emissions, which climate activists say it has not implemented.

International Business Times

Environmentalists to challenge Rosebank and Jackdaw oil and gas fields in court

Greenpeace UK and Uplift will have their cases heard at the Court of Session In Edinburgh.

Evening Standard

3 Top Energy Stocks to Buy for Reliable Dividend Income

Oil prices are volatile, but these three energy giants offer reliable dividend payments backed by steady cash flows.

Barchart

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Climate Change Poses Multiple Risks For Banks

Climate change poses risks to banks on several levels: it can directly impact their finances, tarnish their image and land them in the courtroom.

International Business Times

'Ethical' B Corp investment firms have £250 million in arms and oil

INVESTMENT companies certified as ethical by the prestigious B Corp scheme hold £250 million worth of shares in oil giants and weapons firms…

The National (Scotland)

Global stocks tumble and pound weakens as investors digest UK Budget

London’s FTSE 100 was down 49.53 points, or 0.61%, to close at 8,110.1.

Evening Standard

Shell calls for certainty over North Sea future after UK raises windfall tax on energy profits

Campaigners criticise fall in company’s investments in renewables as it reveals better than expected profits of $6bn in third quarter

The Guardian - UK

Shell calls for ‘certainty’ after Labour increases oil and gas windfall tax

Chancellor Rachel Reeves lifted taxes for North Sea oil and gas firms including Shell in Wednesday’s autumn Budget.

Evening Standard

Shell posts stronger-than-expected profit as gas offsets lower refining margins

The oil and gas giant beat analysts’ forecasts by more than 12% as its integrated gas business surged in the third quarter.

Evening Standard

FTSE 100 Live 31 October: Budget fears hit housebuilding and retail stocks, Shell beats forecasts

Housebuilding and retail stocks have fallen sharply amid the fallout from yesterday’s tax-raising Budget.

Evening Standard

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The Guardian - UK

The mysterious world of Two Shell: ‘Our pranks don’t mean we’re not sincere’

They promised us an in-person interview – then sent along two decoys. So who are the enigmatic musicians who make it so hard for fans to hear their thrillingly alien music?

Fortune

Tesla slides, Nvidia soars on Fortune 100 Fastest-Growing Companies list

Energy companies dominated the list, which ranks companies based on growth in revenue, profits, and stock returns.

Evening Standard

Oil prices tumble as ‘hopes of de-escalation’ in Middle East rise

The FTSE 100 moved 36.78 points higher, or 0.45%, to close at 8,285.62.

Evening Standard

FTSE 100 Live 28 October: Oil price slide hits BP and Shell, Trainline upgrades guidance

A 5% slide in the price of Brent Crude today ensured BP and Shell led the fallers board during an otherwise resilient session for the FTSE 100 index.

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The Independent UK

BP and Shell to reveal lower profits amid decline in oil refining margins

BP reports third quarter results on Tuesday and Shell on Thursday when faltering oil demand is expected to hit earnings.

Fortune

Why international experience is the secret to becoming a CEO on Fortune 500 Europe

Sprawling business operations and succession planning have made globe-trotting a key part of the careers of Fortune 500 Europe’s top leaders.

Fortune

Shell slips from the Fortune 500 Europe list’s top spot, lending its crown to troubled Volkswagen

Shell’s record profits in 2022 catapulted it to the top of the Fortune 500 Europe list last year. Could it win back its crown from Volkswagen next year?

Autosport

Ferrari Challenge North America | Imola, Race 2: Medler, Cook, Marsten and Monteforte champion

Dylan Medler won Race 2 of the Ferrari Challenge North America, triumphing in the final event of the day held at the Enzo e Dino Ferrari Circuit in Imola.

The Guardian - UK

‘Very concerning’: BP dilutes net zero targets as global retreat from green standards gathers pace

The oil giant’s new focus on fossil fuels signals another defeat for environmental, social and governance aims and has angered campaigners

The Independent UK

Oregon's most populous county adds gas utility to $51B climate suit against fossil fuel companies

Oregon's Multnomah County, home to Portland, has added the state's largest natural gas utility to its $51.5 billion climate lawsuit against fossil fuel companies

The Guardian - UK

BP ‘abandoning plan to cut oil output’ angers green groups

Reports of strategy reset leave campaigners saying company is prioritising profits over planet

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