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The Latest Breaking News from Shell

Shell Net Profit Retreats On Lower Energy Prices

British energy giant Shell on Thursday said its net profit slid 23 percent in the first six months of the year, hit by lower oil and gas prices.

International Business Times

Shell profits down nearly a third after drop in gas prices

Fall to $4.26bn profit in second quarter beats City forecasts and oil firm says it will continue to buy back shares

The Guardian - UK

Pound on track for worst month in almost two years; ‘no evidence of malign activity’ behind UK airport disruption – as it happened

Live, rolling coverage of business, economics and financial markets as minister Heidi Alexander says problem was ‘isolated event’ after meeting under-fire head of Nats air traffic controller

The Guardian - UK

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Shell profits fall as trading hit by volatile markets

But profits in the second quarter were ahead of analyst expectations.

Evening Standard

Business news live: Inheritance tax numbers rise and FTSE 100 latest as Rolls Royce and Next profits surge

Stock market news and latest business and finance updates from Thursday

The Independent UK

Honolulu's lawsuit against fossil fuel companies leads climate change legal fight

Honolulu is suing major fossil fuel companies, including ExxonMobil, Shell, and Chevron, over climate change impacts

The Independent UK

Stocks falter as EU-US trade deal rally fizzles out

The deal, struck at talks in Scotland over the weekend, will see US tariffs of 15% on most imports from the EU.

Evening Standard

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FTSE 100 takes breather ahead of tariff deadlines

For the week, the FTSE 100 rose 1.4%, hitting a new all-time high.

The Independent UK

Shell set to report lower earnings after ‘tepid’ update to investors

The FTSE 100-listed company will unveil its half-year results on Thursday.

The Independent UK

Why F1 may benefit from Mohammed Ben Sulayem's V8 push

It was on the morning of the glitzy season launch at London’s O2 Arena in February when Formula 1 lost its collective head. There, it’s said, during an F1 Commission meeting, Christian Horner – Red Bull’s then team principal – set his smartphone in the middle of the table.

Motorsport

Why Ben Sulayem’s V8 F1 plan might work

Autosport

BP sells American wind business to LS Power as it continues its renewable retreat

BP's latest U.S. wind sale is part of its plan to sell much of its solar and offshore wind businesses too as it scales back on green energy.

Fortune

BP agrees to sell US onshore wind business as it shifts back to oil

Company to sell business for undisclosed sum to LS Power as part of plan to offload $20bn in assets

The Guardian - UK

Supercars champion Kostecki gets 'monkey off the back'

2023 Supercars champion Brodie Kostecki has won his first race for Shell V-Power Racing, converting from pole in Townsville.

AAP

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Evening Standard

BP says oil and gas production to rise after renewing focus on fossil fuels

The energy giant told investors that upstream production is now expected to be higher between April and June.

The National (Scotland)

Owners of five-star hotel in Aberdeen announce major expansion plans

THE owners of a five-star hotel in Aberdeen have announced plans to take over a neighbouring estate to make it nearly three times its current size.

Evening Standard

Shell trims gas outlook in volatile market

The oil giant recently denied speculation it was considering making a bid for rival BP.

Benzinga

2 Ways To Play America's Energy Export Dominance

The United States is in the midst of a structural transformation in its role within the global energy system, and this time it's not about shale oil.

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The Independent UK

Would Shell and BP creating a £200bn oil behemoth be a good idea for anyone at all?

BUSINESS COMMENT: Analysis: FTSE 100 pair have negated talk of a takeover and that looks the right call, writes Karl Matchett - at least for now

The Guardian - UK

The arithmetic is tricky for a Shell bid for BP today. Next year may be different

Shell says it has ‘no intention’ of making an offer for BP. But if its share price rises, the numbers could work

Fortune

Shell doubles down on BP denial with no other clear suitors in sight

A theoretical Shell-BP combination would carry debt and antitrust issues while requiring greater layoffs and divestments.

The Independent UK

FTSE up as pound hits near four-year high

The FTSE 100 index rose 16.8 points, 0.2%, at 8,735.60.

Euronews

Shell says it’s not in talks to acquire BP as takeover rumours swirl

BP’s share price jumped on the speculation that it could be acquired by Shell, following a report in the Wall Street Journal.

The Guardian - UK

Shell has ‘no intention’ of making offer to buy BP after £60bn takeover rumours

Statement to stock market follows media reports of early talks with BP to create a £200bn UK oil company

Geekflare

11 Best Fuel Cards for Small Business [Save Big]

Fuel prices are making headlines these days, and if you run a small business, you’ve probably felt the pinch. Rising fuel costs can significantly impact

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