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The Latest Breaking News from Shell

How your spiking energy bills are making foreign investors rich

Australia's oil and gas resources are overwhelmingly exploited by global multinationals and most of these corporations pay no tax.

ABC News

Check Out What Whales Are Doing With SHEL

A whale with a lot of money to spend has taken a noticeably bullish stance on Shell. Looking at options history for Shell (NYSE:SHEL) we detected 20 strange trades.

Benzinga

Cheapest petrol stations in Scots cities as prices see biggest jump in 17 years

On Tuesday, it was reported that the price of petrol had seen jumped by 2p a litre - making it the biggest daily jump in 17 years.

Daily Record

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Prices at Edinburgh and West Lothian petrol stations sky rocket to nearly £2

Fuel prices are on the rise again hitting nearly £2 per litre and the highest daily price jump in 17 years which the RAC describe as a national crisis

Edinburgh Live

There’s a simple way to fight the cost of living emergency: a £15 an hour minimum wage

Opponents say this will lead to a wage-price spiral – but that’s an argument that’s stuck in the 1970s, says Labour MP Nadia Whittome

The Guardian - UK

Commentary: Give drivers a gas tax holiday. Tax windfall profits from oil companies instead

At the gas station near my home in Burbank, California, gas prices last week were an astronomical $6.50 per gallon, much higher than the nationwide average of $4.67, and just above the statewide average of $6.19 per gallon. Filling up the tank can cost a shocking $100. Working families cannot…

Los Angeles Times

Tax breaks could lead to more than £8bn of North Sea projects

Investment incentives in the chancellors windfall levy could accelerate oil and gas developments

Insider UK

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Sunak’s tax breaks could lead to more than £8bn of North Sea energy projects

Analysts’ forecast comes as campaigners warn windfall tax package could harm climate efforts

The Guardian - UK

Scam-busting, stunts and social media – the consumer champions fighting the cost-of-living crisis

Recently, fighting for consumer rights has become more important than ever. Money heroes Joe Lycett, Jack Monroe, Holly Smith and Kwajo Tweneboa explain what inspired them

The Guardian - UK

South Africa court to rule on Shell offshore oil exploration

A South African court is to rule on efforts to stop British oil giant Shell from conducting any further seismic surveys in the country’s Indian Ocean waters to explore for offshore oil and gas deposits

The Independent UK

Shell could save £200m from windfall tax through Jackdaw, say activists

It comes as activists are set to target the UK Government's Edinburgh hub over the decision to sign off on the project near Aberdeen

The National (Scotland)

Climate campaigners demand UK Government reverses Jackdaw gas field decision

Protesters gathered outside the UK Government office in Edinburgh after Shell was given final approval to develop a controversial new gas field in the North Sea.

Daily Record

Climate activists vow to fight as new gasfield gets go-ahead in North Sea

Environmentalists threaten legal action over UK permit for Shell to develop Jackdaw field

The Guardian - UK

Campaigners threaten legal battle after new gas field wins final approval

ENVIRONMENTAL campaigners are threatening legal action in a bid to halt development of the Jackdaw gas field after it was awarded final regulatory…

The National (Scotland)

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Insider UK

How to solve the energy transition 'trilemma'?

The war in Ukraine poses questions about how Scotland balances its net zero goals with the energy price crisis

Insider UK

Greenpeace plans to take legal action over UK Government approval of new gas field

The Jackdaw field off Aberdeen could produce 6.5% of Britain’s gas output - but was previously rejected on environmental grounds

The National (Scotland)

Tory U-turn gives permission for new gas field in ‘British’ waters

THE UK Government has caved to pressure from the oil and gas industry and removed a block on the development of a gas field in “British”…

Bangkok Post

While electric vehicles proliferate, charging stations lag behind

United States efforts to build a national network of electric vehicle charging stations are moving slowly as states figure out how to fairly dole out public funding to kick-start a new service industry.

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Asharq Al-Awsat

Gazprom to Cut Gas Supplies to Denmark’s Orsted, Germany via Shell Deal

Russia's Gazprom said on Tuesday it would cut off gas flows to Denmark's Orsted and to Shell Energy for its contract to supply gas to Germany, after both companies failed to make payments in roubles. The cuts will be effective from June 1, Gazprom said. Russia has already cut off…

Asharq Al-Awsat

Gazprom Suspends Gas Deliveries to Dutch Trader GasTerra

GasTerra will no longer receive gas from Russia's Gazprom from May 31 after refusing to agree to Moscow's demands for payment in roubles, the two companies said on Monday. GasTerra, which buys and trades gas on behalf of the Dutch government, said it had contracted elsewhere for the 2 billion…

Belfast Live

The Earth's Corr: It's not right that Power NI, SSE and Firmus profits are protected while we all suffer

Why should they still get to keep the same profits when the rest of us are suffering and the goods they sell hurt our planet?

The Guardian - UK

Consultant who ditched Shell: ‘take a look at yourselves in the mirror’

Caroline Dennett says she has been flooded with support after decision that has cost ‘around 60%-70% of my business’

The Independent UK

FTSE rises despite weight of windfall tax on oil companies

The index notched up its best week for more than two months.

Autosport

IndyCar to use 100% renewable race fuel from 2023

IndyCar will become the first US motorsport championship to run 100% renewable race fuel next season as part of a new deal with official supplier Shell.

The Guardian - UK

Shell says windfall tax threatens North Sea oil and gas investment

Firm says Sunak’s levy creates uncertainty and asks for tax relief that covers investment in renewables

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