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Shell faces shareholder ‘rebellion’ over climate strategy

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An aircraft passes a sign at a shell petrol station in London, Thursday, Feb. 2, 2023.

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Shell fuels fears of London exodus as it considers move to New York

Shell is considering a move to New York, as the divide widens between traditional investors, who want the company to focus on oil and gas, and activist investors, who want more renewables.

09/04/2024

Shell is appealing a landmark climate ruling made by Dutch courts.

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Shell appeals Dutch court’s landmark climate ruling

The oil and gas giant claims the historic climate ruling ‘obstructs’ climate action but environmental groups say the scientific basis of the case has only got stronger since 2021.

02/04/2024

This May 13, 2015 photo shows a gas drilling rig in the northern Adriatic sea, west of Pula, Croatia.

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Oil prices rise: What's pushing up the cost of crude?

Geopolitical uncertainties and supply fears boosted oil prices to fresh five-month highs on Tuesday morning.

02/04/2024

A member of Shell staff on the Bonga offshore oil Floating Production Storage and Offloading vessel off the coast of the Niger Delta in Nigeria, Monday, Dec. 26, 2011.

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Shell to sell huge part of Nigeria oil business in $2.4 billion deal

The London-based energy giant has faced decades-long local criticism for the environmental impact of its oil exploration in Nigeria.

17/01/2024

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Shell shareholders have agreed to back a resolution co-ordinated by Dutch shareholder activists Follow This.

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Shareholders put pressure on Shell to take ‘credible’ climate action

The push for stronger climate action is being backed by a record number of investors who together own around 5 per cent of Shell's shares.

16/01/2024

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Why is Shell suing Greenpeace for €2 million?

The environmental group says it is 'one of the biggest legal threats' in history against its ability to campaign.

09/11/2023

Business districts of Frankfurt, London and Paris.

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Fortune 500 Europe: Which company is the biggest on the continent?

Energy companies are sitting on top of the newly published Fortune 500 Europe list.

09/11/2023

Shell announced plans to slow investments in renewable energy this year.

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Shell employees express ‘deep concern’ over renewables regression

In an open letter 'liked' by hundreds of colleagues, two employees criticised the fossil fuel giant’s lack of leadership in the energy transition.

28/09/2023

The Church of England Pensions Board said it had decided to divest its holding in Shell over what it said were insufficient net zero plans.

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This major church just divested from fossil fuels

Church of England has ‘followed science and faith’ to divest from fossil fuels, slamming oil and gas companies for failing on climate.

23/06/2023

Shell is keeping its oil output steady into 2030, chief executive Wael Sawan announced yesterday.

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‘Pure climate vandalism’: Shell backtracks on plans to cut oil

The oil and gas giant claims it has already hit its 2030 target, because it sold its interest in a Texan oilfield in 2021.

15/06/2023

Protesters who tried to storm the stage are taken out of the Excel centre in east London during oil giant Shell's annual general meeting in London, Tuesday, May 23, 2023

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Watch: Climate activists protest at Shell meeting in London

Shell Chairperson Andrew Mackenzie was unable to start the meeting for more than an hour as protesters stood up, chanting and singing “Shut down Shell" and “Go to hell, Shell.”

23/05/2023

Climate protesters also attempted to storm the stage at Shell's AGM this morning.

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Singing climate activists disrupt Shell’s London shareholder meeting

Dramatic scenes unfolded at the ExCeL venue, as Fossil Free London campaigners tried to storm the stage in front of shareholders.

23/05/2023

A new poll finds that most Brits think Shell should be forced to pay for climate damage.

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Brits think oil giants should pay climate costs as Shell profits surge

The staggering profits from Europe’s biggest oil and gas giant should be a ‘spur’ for climate accountability, says Christian Aid.

05/05/2023

More than a thousand offshore oil and gas workers will go on strike.

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Oil and gas workers threaten strike 'tsunami' over fossil fuel profits

Shell, BP, and Total are ‘printing money’, unions urge as strike announced.

21/03/2023

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Inside a first-of-its-kind lawsuit against Shell’s board of directors

The experts behind the case say that felt like they had no option but to file the lawsuit.

07/03/2023

Shell is being sued over its 'flawed' climate strategy with the backing of investors.

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Shell’s board of directors personally sued in world first climate case

The claim filed by environmental law charity ClientEarth has the backing of investors who hold 12 million shares in the company.

09/02/2023