Shell says it needs government support to invest more into UK energy
The oil supermajor, which made a £15bn profit last year, suggested its UK arm would invest £15bn to almost £19bn in low-carbon energy
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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Oil price to keep rising, buy Shell and BP says Deutsche Bank
“On inventory levels alone, we see US$90/bbl Brent currently justified"
Shell reportedly mulling reviving the Cambo oil field project
It is just over three months since Shell said the economic case for the controversial field 75 miles off the west coast of the Shetlands did not merit further investment; a lot has changed since then
Govt cut to fuel duty is 'drop in the ocean', calls for petrol station regulator
“There has to be transparency in the way petrol and diesel prices are reached,” said campaigner FairFuelUK
Shell among final bidders for Indian renewables group - report
Private equity owner Actis is evaluating final offers for Sprng Energy, the report says
Shell board faces legal action from ClientEarth over alleged mismanagement of climate risk
“We believe that there are sufficient grounds to assert that Shell’s board is mismanaging the material and foreseeable climate risk facing the company," said ClientEarth lawyer Paul Benson
Shell and BP are best picks as oil heads towards new supercycle, suggests JP Morgan
Oil prices are likely to ‘normalise’ at US$125 a barrel suggests the broker
Shell shares dip as US$400mln Russian write off flagged
The oil majors shares fell just over 1% in Thursday's deals.
Archive
FIVE at FIVE: FTSE 100 volatile, Shell U-turns out of Russia, GlaxoSmithKline 'attractive' , 88 Energy starts drilling, UK government phases out Russian oil
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Shell pledges to stop buying Russian crude oil and start 'phased withdrawal' from supply chain
Withdrawing from Russian petroleum products, pipeline gas and LNG is "a complex challenge" and a transition to other energy supplies "will take much longer"
FTSE 100 closes in positive territory as US to ban imports of Russian oil and gas
Britain's blue chip benchmark finished up around four points, or 0.07%, at 6,964.11
Shell CFO departs after oil giant's shift to London base
This comes the day after Shell vowed to remove itself from all Russian operations following the country’s continued invasion of Ukraine
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FTSE 100 ends lower as Russia-Ukraine conflict intensifies
The UK blue chip index falls back and US investors take cover as hostilities continue
Fracking ruled out again by UK Business Secretary Kwarteng
Heating bills in the UK are set to rise by 54% to an average of £1,971 at the start of April
Oil & gas body hits back at climate activists
UKOOG policy manager said expanded drilling was the best way to make up for costly future shortfalls
Crude oil spikes over US$105 per barrel sending London oil stocks higher
Brent and WTI crude benchmarks surge higher still in Thursday morning's deals.
Oil majors including Shell and BP accused of greenwashing over clean energy transition
"The magnitude of investments and actions does not match discourse," the authors said
Shell’s profits are embarrassingly large but calls for UK windfall tax are quite confused
It's tough to be an oil major, though there are tens of billions of reasons not to feel too sorry for them.
Shell’s burgeoning oil profits earmarked for US$8.5bn share buy-back programme
Unsurprisingly rising oil prices continued to boost oil profits at Shell which has pushed most of the cash towards debt repayment and share buy-backs.
FIVE at FIVE: Shell tipped for colossal profits, Ocado gets double upgrade, Lloyds still UK’s most popular stock, Google woos retail investors...
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news