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Greenpeace deploys huge Anish Kapoor artwork on North Sea gas platform

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Green News

Inside the NGO taking on the biggest greenwashers in Germany

For three years, DUH has been taking companies to court for dubious advertising claims about climate neutrality.

Green News

Green shareholder activist group pauses activism over climate backlash

A “changing political landscape” and global trade tensions are partly to blame, according to the Netherlands-based group.

Business

Shell cuts gas production outlook due to maintenance and bad weather

The oil and gas company reduced its expectations for natural gas and liquefied natural gas (LNG) volumes for the first quarter of this year.

Business

Shell increases shareholder returns and doubles down on LNG

Shell recently revamped its focus on oil and gas output, a move which has been greatly welcomed by shareholders, due to the current higher returns potential.

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Green News

Half global emissions tied to just 36 companies, report finds

State-owned coal, oil and gas companies dominated the list of the highest emitting firms.

Business

Shell still reviewing moving listing away from London amid profit miss

Shell said it is still reviewing whether to move its listing away from London as the company's latest earnings failed to cheer investors.

Business

Shell cuts LNG outlook, with more write-offs due for 2024 year end

Oil and gas giant Shell has reduced its estimates for liquefied natural gas (LNG) production for the last quarter of 2024, with significant well write-offs for upstream exploration and integrated gas also expected.

Business

Shell wins landmark climate case - what does it mean for investors?

The current court decision does not mean that the oil giant will turn away from its green targets, but it will mean Shell can continue its present level of drilling.

Green News

PR firms should drop fossil fuel companies as clients, says new report

UN Secretary-General António Guterres has described advertising and PR industries as key facilitators for the fossil fuel industry.

Business

Strong oil and gas prices boost Shell as share buyout planned

Europe's biggest oil and gas producer, Shell, reported the second-quarter earnings that surpassed market expectations. The company announced it would buy back an additional $3.5bn (€3.2bn) in shares over the next three months.

Business

Shell takes billion dollar hit as it pauses building of biofuels plant

The firm reveals a write-down mainly associated with it's Rotterdam and Singapore plants and says that trading in its core gas division will decline on the quarter.

Green News

Shell faces shareholder ‘rebellion’ over climate strategy

The meeting was punctuated by protests from groups calling out Shell’s climate record and alleged actions in the Niger Delta.

Green News

Shell targeted by satirical billboard protest before London AGM

Activism collective Brandalism claims the fossil fuel company’s tactics are “straight out of Big Tobacco’s playbook”.

Green News

How a Shell plant registered millions of ‘phantom’ carbon credits

Canadian taxpayers covered 93 per cent of the costs of the Quest carbon capture project, a Greenpeace report reveals.

Economy

How reliant are European nations on North Sea infrastructure?

Countries like the UK and Norway are still significantly reliant on North Sea energy resources. However, harsher tax measures have led to several energy companies, such as Shell, pulling back from their offshore oil fields.

Business

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.

Green News

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.

Markets

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.

Business

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.

Green News

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.