Shell retail energy arm slapped with second fine this month for ‘serious overcharging’ November 29, 2023 The probe found that on average customers were overcharged by more than £1,800, with some not receiving their money back for seven months.
Shell’s floating LNG plant to restart next month November 28, 2023 Shell is set to restart export operations at its giant floating LNG facility in Australia next month following an extended closure.
A tale of two oil giants: BP struggles to keep up with Shell, but net zero scrutiny is coming November 6, 2023 Energy giants unveiled sharp downturns in their usual earnings last week, but BP is struggling compared to its rival Shell.
Shell sweetens shareholders with chunky buybacks even as profits fall November 2, 2023 Shell joined its rivals in posting a year-on-year decline in profits over the third quarter this year but has kept its share price high.
Shell offers £2.8bn in share buybacks as profits slide to £5.1bn as commodity boom eases November 2, 2023 Shell is the latest energy giant to post a sharp downturn in profits, unveiling £5.1bn earnings over the third quarter — a 40 per cent decline year-on-year.
BP and Shell to receive boost from rising oil prices, analysts forecast October 29, 2023 Oil and gas giants BP and Shell are set to reap the benefits of climbing oil prices, according to analysts, as both prepare their third-quarter results.
Shell’s new boss Wael Sawan to cut 200 jobs in overhaul of low carbon unit October 25, 2023 Shell said the decision forms part of its “drive to create more value with less emissions through a focus on performance, discipline and simplification”.
Shell’s refusal to answer questions is an affront to ordinary shareholders September 25, 2023 Shell has told journalists it will only be answering analyst questions at its next trading update. That's bad for the City, and ordinary shareholders
FTSE 100 close: HSBC leaps and BP gives up gains in mixed day for London index August 1, 2023 London’s FTSE 100 kicked lower today after a clutch of mixed results puzzled investors. The capital’s premier index fell 0.43 per cent lower to 7,666.26 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, slipped 0.41 per cent to 19,065.66 points. A set of results [...]
Shell Q2 profits slide (to just the $5.1bn) as firm announces share buyback scheme July 27, 2023 Shell has announced a hefty new share buyback programme and raised its quarterly dividends, despite a downturn in profits.
