North Sea oil stocks rise as UK promises to axe windfall tax, depending on oil prices
The windfall tax on North Sea oil and gas firms could be cut in 2028, the government confirmed
Company
Shell PLC
LON:SHEL
Shell PLC is a global group of energy and petrochemical companies with more than 80,000 employees in more than 70 countries. The group uses advanced technologies and take an innovative approach to help build a sustainable energy future.
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Shell to sell energy supply arm over poor returns
Shell confirmed that its energy supply business is up for sale in the UK, Germany and the Netherlands
Shell's profits versus environment dilemma as capital day approaches
Capital markets day is scheduled for 14 June
Carbon offset price rises prompt warnings over net zero targets
Carbon offsetting costs could soar by 256% by 2030, PwC warned
Shell to ‘convince investors’ with dividend hike on capital markets day
Shell could announce a dividend hike on its capital markets day next month, analysts say
Solar investments to outdo oil for first time this year
Some US$1.7trn will likely be spent on clean energy this year, the IEA predicts
Saudi minister warns oil short-sellers ahead of OPEC meeting
Saudi Arabia's energy minister told speculators to 'watch out' ahead of an upcoming OPEC+ meeting
North Sea carbon storage licences awarded for first time
The UK has offered licenses for companies to inject captured carbon into old North Sea oil and gas reserves
Shell's US$40bn profits not good enough for RBC
"We think it could have been closer to US$48bn if the company was firing on all cylinders"
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FTSE 100 stays just above 7,700, banks drag US markets
The FTSE 100 erased any gains from earlier in the week by the close, finishing 1.2% lower on Thursday to end the day at 7,702 points