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Shell

  • Shell urges shareholders to reject activist calls for more stringent climate change targets

    April 21, 2022

    Shell has called on investors to rejects calls from activists to ramp up its environmental targets, ahead of its annual general meeting next month.

  • Shell restarts LNG shipments from giant floating gas site

    April 12, 2022

    Shell has restarted shipments of liquefied natural gas (LNG) from Prelude, its massive floating plant off the coast of Western Australia.

  • Shell announces plans to invest £25bn in UK energy

    March 24, 2022

    Shell will invest up to £25bn in the country's energy system over the next decade, according to UK country chair David Bunch.

  • Shell reconsiders decision to pull out of Cambo oilfield amid rising oil prices

    March 22, 2022

    Shell is reportedly reconsidering its decision to pull out of the controversial Cambo oilfield amid skyrocketing energy prices.

  • Shell hopes to woo regulator with fresh plans for major North Sea gas field

    March 19, 2022

    Shell has revived its efforts to develop a major North Sea gas field after previous attempts were shut down by regulators over environmental concerns. The fossil fuel firm has published an amended plan for the development of the Jackdaw field,  at the Shearwater hub in the central North Sea. It is hoping to launch production [...]

  • Shell announces pounds sterling dividend payments after oil firm slashes ties with Russia

    March 14, 2022

    Shell has announced the pounds sterling and euro equivalent dividend payments for its latest interim dividend.  The London-listed fossil fuel giant announced its fourth quarter 2021 interim dividend on 3 February at $0.24 per ordinary share. Shareholders will be entitled to €0.2181 or 18.28p per ordinary share, providing they had validly submitted US dollars, euros [...]

  • Energy giants pump £75m into offshore wind schemes following UK ban on Russian oil imports

    March 9, 2022

    Two energy giants will pump £75m into offshore wind projects, which could light 8.5m homes, as Britain looks to wean itself on dependence for Russian oil. ScottishPower and Shell have set aside the cash stimulus for initiatives to improve clean energy, after the duo were awarded rights to develop floating wind projects off the country’s [...]

  • UK’s biggest energy port confirms restrictions on Russian ships

    March 1, 2022

    The UK's biggest energy port will not allow entry to any ships owned, registered or controlled by Russia - or flying the country's flag.

  • Shell announces new CFO following London HQ move

    March 1, 2022

    Shell has appointed Sinead Gorman as its new chief financial officer with Jessica Uhl stepping down following the firm's HQ move to London.

  • Editorial: Businesses deserve credit for what are very big decisions

    February 28, 2022

    Politicians sometimes resemble managers of struggling football teams; bad results are often written off as bad luck and outside of one’s control, but when the ball bounces in off somebody’s backside for a much-needed 90th minute winner they are, per the man in charge, often the result of some training ground masterstroke.  So it is [...]

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