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The Latest Breaking News from Shell

Shell boss earns £6.3m in a year as households and motorists face cost of living crisis

Ben van Beurden saw his pay and perks leap by £1.1million in 2021, the industry giant’s annual report published today revealed. The windfall included a bumper £4.5million worth of bonuses

Daily Mirror

Big Oil's actions louder than words

A new study illustrates fossil fuel companies' greenwashing agenda

Salon

Reliance sells CBM gas for over $23; HOEC gets $25

NEW DELHI: Reliance Industries has sold natural gas produced from a coalfield in Madhya Pradesh for over $23 to firms, including GAIL, GSPC and Shell, but its price discovery was beaten by smaller explorer HOEC, which sold half of its sales volume for over $25.

The Times of India

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Shell chief’s pay rose by a quarter in 2021 to £6m

Ben van Beurden was paid 57 times more than median Shell worker, according to oil firm’s annual report

The Guardian - UK

The wrong time for a windfall tax on big oil

City Comment: Let Shell and BP secure our energy supplies

Evening Standard

US inflation rises to new 40-year high of 7.9%; Abramovich sanctioned by UK – as it happened

ECB raises inflation forecasts, cuts growth outlook amid Ukraine conflict, as stock markets slide and Chelsea FC owner is sanctioned by Britain

The Guardian - UK

Diesel at Scottish forecourts heads to £2 per litre sparking motorist backlash

Fuel costs rocket by 10p a day at one petrol station chain. Warnings that costs will keep going up.

Daily Record

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The most expensive gas stations in LA: What's the deal, anyway?

LOS ANGELES — Gas prices in Los Angeles have climbed to new heights this week, with Angelenos shelling out more than $5.50 a gallon on average at the pump.

Los Angeles Times

Drivers 'shout at staff' at Scots petrol station after being charged £2 per litre

Furious fuel customers have been expressing their dismay after diesel rose to nearly £2 per litre earlier this week.

Daily Record

Ukraine crisis bites as fuel prices soar in West Lothian

Broxburn garage accused of "profiteering" after diesel hits nearly £2 a litre

Daily Record

ScottishPower and Shell to invest £75 million in offshore wind supply chain

The partnership's projects should be able to power almost 8.5 million homes

Insider UK

West Lothian drivers 'shout at staff' after being charged £2 per litre for fuel

Multiple customers have complained over the recent hike in the price of diesel at the Shell Fairfield garage, with the company confirming that it belongs to an independent dealer, so they have no control over prices.

Edinburgh Live

Ukraine accuses Russia of shelling Mariupol evacuation corridor

Ukraine accuses Russia of shelling humanitarian corridor from the besieged city of Mariupol as some civilians flee Sumy.

Al Jazeera

BP And Shell Shares Step On The Gas: What's Fueling The Move?

BP PLC (NYSE: BP) and Shell PLC (NYSE: SHEL), are trading higher Tuesday amid continued strength in oil prices in the wake of Russia's invasion of Ukraine.

Benzinga

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The Guardian - UK

Pulling the plug on Russian oil and gas won’t be a smooth ride for consumers

Shell has issued a reminder to Europe of the disruption entailed in disentangling itself from its energy framework

Benzinga

BofA Names Top 5 European Energy Stocks To Buy During Oil Shock

There seems to be more runway for big oils and the geopolitical disruption scenarios seem underpriced, according to BofA Securities. The European Oil & Gas Outlook: Analyst Christopher Kuplent named Shell and TotalEnergies as the Big Oil top picks and changed the target prices for:

Birmingham Post

Stanlow refinery owner clarifies relationship with sanctioned bank as UK Government moves to ban Russian oil

Essar Oil UK acquired the Stanlow refinery at Ellesmere Port from Shell in 2011

Benzinga

Shell Intends To Halt Operations In Russia, Apologizes For Russian Oil Purchase

Shell PLC (NYSE: SHEL) on Tuesday announced its intentions to withdraw from Russian energy and oil in the wake of Russia's invasion of Ukraine.

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The Guardian - UK

Russia accused of shelling Mariupol evacuation route as civilians flee Sumy

Number of people fleeing Ukraine passes 2m and WHO says vital medical supplies are running out

Evening Standard

Shell to shut Russian petrol stations and stop buying Urals oil

CEO Ben van Beurden said Shell’s decision to buy Russian oil ‘was not the right one and we are sorry’

Wales Online

Shell to shut service stations in Russia as it apologises for buying oil shipment

Its chief executive said buying the oil was not the right decision

Asharq Al-Awsat

Shell to Withdraw from Russian Oil and Gas

Shell oil last week and said it would withdraw completely from any involvement in Russian hydrocarbons over the country's invasion of Ukraine. "We are acutely aware that our decision last week to purchase a cargo of Russian crude oil ... was not the right one and we are sorry," Shell…

The Independent UK

Shell says it will stop buying Russian oil, natural gas

Shell says it will stop buying Russian oil and natural gas

Daily Mirror

Shell 'sorry' as it bans Russian oil and closes all petrol stations in the country

The boss of the FTSE 100 company also today apologised for buying Russian crude oil last week, seven days after Putin launched a horrifying attack on Ukraine civilians

The Independent UK

Shell ‘sorry’ for buying Russian oil last week

Boss Ben van Beurden said it was wrong to buy the shipment of crude oil.

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