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The Latest Breaking News from Shell

FTSE 100 Live: Index ends worst week since August down 2.6% as bond sell-off continues, Shell cutbacks

The FTSE 100 appears set to close down more than 1% for the third consecutive day, as gilt yields continue to push ever-higher.

Evening Standard

Shell cuts hundreds of contractors amid 'ruthless' shake-up by new CEO

Wael Sawan has laid out plans for a 'ruthless focus on performance, discipline and simplification'

Evening Standard

From the Guardian archive: some of John Vidal’s greatest pieces

Former environment editor, who has died aged 74, wrote for the Guardian for more than 30 years

The Guardian - UK

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Why F1’s looming fuel revolution has triggered Sainz's attention

Hor having forged a close working relationship with Ferrari’s fuel and lubricants partner Shell since joining the squad in 2021, his understanding of the complexities behind what powers his engines has grown considerably.

Autosport

Why F1's looming fuel revolution has triggered Sainz's attention

Having forged a close working relationship with Ferrari's fuel and lubricants partner Shell since joining the squad in 2021, his understanding of the complexities behind what powers his engines has grown considerably.

Motorsport

Shell shares hit record high as Israel-Hamas war drives up oil price

Analysts say traders have started to price in disruption that conflict could cause to global oil supply

The Guardian - UK

'I will be completely independent': New EU climate commissioner Wopke Hoekstra

Talking Europe hosts the newly appointed EU Commissioner for Climate Action, Wopke Hoekstra. The EU has put the Green Deal at the heart of its policy making, and Hoekstra was confirmed in the key job after somewhat fractious hearings in the European Parliament, where some MEPs drew attention to his…

France 24

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How oil companies put the responsibility for climate change on consumers

The political response to the climate crisis remains largely inadequate in the face of heat waves, hurricanes, floods and forest fires that are accelerating and intensifying.

The Conversation

Time to Kill Off ‘Net Zero’

Stop pretending planting trees can justify fossil fuels emissions.

Capital & Main

Gitcoin’s Market Position And Future Expectations: An Interview With Azeem Khan

Azeem Khan, Head of Impact at Gitcoin, discusses the platform's growth, recent partnership with Shell, and the future of the crypto industry.

Zenger

Shell called out for promoting fossil fuels to youth via Fortnite game

Climate activists condemn oil giant for paying influencers to showcase marketing game from new gasoline campaign

The Guardian - US

New Mexico’s Experiment With Recapturing Natural Gas Raises Questions

Meanwhile, banks help fossil fuel giants raise more than $1 trillion via “hidden” financial support.

Capital & Main

Meet the CFOs on Fortune’s list of the Most Powerful Women in Business

One hundred women leaders across industries earned a spot on the 2023 list, including several finance chiefs.

Fortune

FTSE 100 Live: Index climbs, Oil giants and Metro Bank shares under pressure, Imperial Brands in £1bn buyback

Figures on US wage and employment growth will today keep the interest rate outlook in focus at the end of a volatile week for markets.

Evening Standard

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The Guardian - UK

Dutch politician who worked for Shell poised to become EU climate chief

MEPs to vote on appointment of Wopke Hoekstra after his endorsement by environment committee

The Guardian - UK

UK universities take £40m in fossil fuel funding since 2022

FoI requests show Shell and BP among firms giving funds to institutions which have pledged to divest

France 24

'Now is not the time to slow down': WWF sounds alarm on EU Green Deal backlash

EU leaders are hailing their drive to make Europe the world's first carbon-neutral continent by 2050 as a "Man on the Moon" moment. But is Europe's giant leap towards net-zero carbon emissions at risk of becoming a stumble in the dark, amid a rise in right-wing populism that has seen…

Autosport

How Japan’s underdog LMP1 helped start Toyota WEC juggernaut

Earlier this month, Toyota wrapped up this year’s World Endurance Championship manufacturers’ crown with another convincing display on home turf at Fuji. It marks the fifth time in a row, and sixth in total, it has come away with the silverware, including the occasions when a teams’ title was awarded…

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Creative Bloq

The best logos of the 1940s

The best logos of the 1940s still have much to teach us.

The Independent UK

California lawsuit says oil giants for deceived public on climate, seeks funds for storm damage

The state of California has filed a lawsuit against some of the world's largest oil and gas companies, claiming they deceived the public about the risks of fossil fuels blamed for climate change-related storms and wildfires that caused billions of dollars in damage

WEKU

California's lawsuit says oil giants downplayed climate change. Here's what to know

California accuses oil companies of misleading the public on the dangers of fossil fuels for decades. The state demands they help fund recovery efforts after climate change-fueled disasters.

The Guardian - UK

Oil companies granted licences to store carbon under the North Sea

Government hopes companies including Shell will be able to store up to 10% of the UK’s annual carbon emissions

The Guardian - UK

BP needs a new chief executive not a slower strategy towards net zero

Oil firm should get out and argue the case for sticking to the transition timetable as Bernard Looney’s successor is sought

The Independent UK

Michelle Donelan AI speech disrupted by climate protesters

The Science Secretary was speaking at a technology conference when activists staged their protest.

The Guardian - UK

Shell signals retreat from carbon offsetting

Oil company is latest firm to act amid indications that carbon credits do nothing to mitigate global heating

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