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EXPLAINED: 3 | Rare Historical Photos

Shell sues Greenpeace for $2.1m in damages over fossil fuel protest in North Sea

Energy firm’s lawsuit looks for indefinite block on group’s protesters targeting its infrastructure

The Guardian - UK

Shell takes axe to its eco-friendly business in profit push

The group is paring back its hydrogen operations, but said it was focused on lowering emissions.

Fortune

Shell boss set to cut jobs from low-carbon division

Wael Sawan ready to axe 200 roles from division as part of plan to grow profits

The Guardian - UK

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Shell cuts hundreds of contractors amid 'ruthless' shake-up by new CEO

Wael Sawan has laid out plans for a 'ruthless focus on performance, discipline and simplification'

Evening Standard

Shell earnings top $5 billion. But that's nearly half what it pulled in months ago

Shell has reported that it earned nearly $5.1 billion in the second quarter

The Independent UK

Coutts CEO stands down in Farage bank account row, as Sunak fails to back NatWest chairman Davies – as it happened

Peter Flavel says Coutts fell below its ‘high standards’ in the handling of Nigel Farage’s case, while Rishi Sunak declined to say whether he had confidence in NatWest’s chairman

The Guardian - UK

Shell misses expectations as earnings halve

Adjusted earnings were just under 5.1bn US dollars (£3.9bn) in the three months to the end of June, down from 11.5bn dollars (£8.9bn) a year earlier.

The Independent UK

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Do Shell chief’s claims about cutting oil output being dangerous stack up?

Wael Sawan accused of ‘gaslighting’ after saying cuts would worsen cost of living crisis and disadvantage poorer countries

The Guardian - UK

Shell CEO calls it 'irresponsible' to cut oil production now

The head of global energy giant Shell says it would be “irresponsible” to cut oil and gas production at a time when the world economy is still dependent on fossil fuels

The Independent UK

Shell boss under fire for saying cutting fossil fuel production is ‘dangerous’

Wael Sawan criticised by climate campaigners after comments defending continued reliance on oil and gas

The Guardian - UK

Shell boss says cutting oil and gas production would be ‘dangerous’

Chief executive states the world still 'desperately needs' petrochemicals because renewables cannot yet replace them

Insider UK

Shell faces backlash for ‘destructive’ decision to abandon oil reduction plans

Plan to reduce oil production by up to 2% each year this decade dropped, with claim that oil field sell-offs mean target already reached

Insider UK

Shell drops target to cut oil production as CEO aims for higher profits

Wael Sawan prioritises shareholder payouts, setting out plan to keep oil production steady until 2030

The Guardian - UK

Shell agrees to pay $10 million for air pollution at massive new Pennsylvania petrochemical plant

Shell has agreed to pay $10 million to resolve allegations that it polluted the air around its massive new petrochemical refinery in western Pennsylvania

The Independent UK

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The Independent UK

Climate change protesters try to storm the stage at tense Shell AGM

Shareholder revolt secures 20% of votes as activists shout about ‘climate criminals’

The Guardian - UK

Shell AGM disrupted by protests as investors reject new emissions targets

Bosses defend oil company against accusations it is not switching away from fossil fuels quickly enough

The Guardian - UK

Shell shareholders should oust chair, says influential adviser

Pirc and Church of England back calls for investors to vote against Sir Andrew Mackenzie at AGM

Daily Mirror

Fury as Shell makes £7.6BILLION in 3 months as Tory windfall tax failure blamed

The oil giant raked in a record £7.6billion in the first three months of this year, or £986 every second, and showered shareholders with £4.8billion

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Evening Standard

Shell’s £8 billion profit stokes calls for more taxes as it makes £58,000 a minute

Anglo-Dutch oil major to return £3.2 billion to investors

Wales Online

Huge £10m pay packet for ex-Shell boss while Brits struggle with astronomical energy bills

Some people have accused energy suppliers of profiteering off the war in Ukraine as the supply is causing prices to rise

Daily Mirror

Fatcat ex-Shell boss handed huge £10m pay packet - as Brits struggle to pay energy bills

Last month, Shell reported record profits of £32.2billion for 2022 which was double the previous year's total

The Guardian - UK

Labour proposes long-term tax breaks to increase UK investment and growth

News comes after top company bosses criticise government energy policy for failing to spur investment

The Guardian - UK

UK construction sector rebounds ‘as recession fears fade’; car sales jump 26% – as it happened

Encouraging economic signs as construction activity rises at fastest rate for nine months in February, and UK car market grows for seventh month running

Salon

Big Oil backs out of climate promises

"If we see value, we’ll do it. If we don’t, we won’t."

Los Angeles Times

Michael Hiltzik: Big oil companies are already reneging on their global warming promises

If there's an enduring truism about corporate promises to do well by doing good, it's that believing them is a mug's game.

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