Tag: Shell
6 months ago
cityam.com

A tale of two oil giants: BP struggles to keep up with Shell, but net zero scrutiny is coming - C...

Energy giants unveiled sharp downturns in their usual earnings last week, but BP is struggling compared to its rival ...

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7 months ago
cityam.com

Shell sweetens shareholders with chunky buybacks even as profits fall

Shell joined its rivals in posting a year-on-year decline in profits over the third quarter this year but has kept it...

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7 months ago
cityam.com

Shell offers £2.8bn in share buybacks as profits slide to £5.1bn as commodity boom eases

Shell has posted a sharp downturn in profits, unveiling £5.1bn earnings over the third quarter — a nearly 40 per cent...

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10 months ago
cityam.com

Shell Q2 profits slide (to just the $5.1bn) as firm announces share buyback scheme

Shell has announced a hefty new share buyback programme and raised its quarterly dividends, despite a downturn in pro...

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10 months ago
cityam.com

Energy giants set for scrutiny as latest results come amid cost of living crisis

Energy giants will be under fresh scrutiny this week, as the world's largest oil and gas firms announce their latest ...

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about 1 year ago
cityam.com

Shell's shares rise on FTSE 100 after predicting upturn in LNG output

Shell's shares have risen on the London Stock Exchange this morning, after the energy giant unveiled a bullish update...

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about 1 year ago
cityam.com

Shell to defend ESG targets to shareholders ahead of activist showdown

Shell will defend its lack of scope three emission targets at its annual ESG update tomorrow, City A.M. has learned.

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about 1 year ago
cityam.com

Former Shell boss Ben van Beurden raked in £9.7m paypacket last year as profits soared

The former Shell boss enjoyed a hefty bump-up in his paypacket last year, before leaving the energy giant in January.

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about 1 year ago
cityam.com

Shell boss: US 'significantly' more attractive for green energy investment than UK

The US is more attractive than the UK for energy investment, warned the new boss of Shell, following the US Inflation...

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over 1 year ago
cityam.com

Ofgem slaps Shell with fine after it overcharged customers for energy

Shell Energy's supplier business has been slapped with a hefty fine for overcharging customers on default tariffs.

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almost 2 years ago
cityam.com

Shell sells oil stake from the sea floor

Shell has kickstarted the sale process for its 30 per cent stake in the Cambo oil project in the North Sea.

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almost 2 years ago
cityam.com

Shell unveils record profits and begins $6bn buyback programme

Shell has posted massive profits of $11.5 billion for the second quarter, smashing its previous record three months o...

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almost 2 years ago
cityam.com

Happy as a clam: Shell raises value of oil and gas assets as refining soars

Shell has announced it will reverse up to $4.5bn in write-downs on oil and gas assets after raising its energy prices...

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almost 2 years ago
cityam.com

Shell: 'We understand worry for millions - but windfall tax creates uncertainty'

Shell has slammed the government’s windfall tax, saying while it “understands the worry for million” about the cost o...

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almost 2 years ago
cityam.com

Shell's climate plans backed by shareholders despite activist disruption

Shareholders have backed Shell’s climate transition plans in a crucial vote at the energy giant’s annual general meet...

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almost 2 years ago
cityam.com

Shell AGM underway again after activist disruption as shareholders prepare for key climate votes

Shell's annual general meeting is underway again after it was delayed for nearly three hours following protests from ...

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almost 2 years ago
cityam.com

'Shell must fall!' Climate activists storm AGM and put event on hold

Shell has confirmed to City A.M. it has "paused" its AGM after it erupted into chaos this morning after activists sto...

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about 2 years ago
cityam.com

Shell ups dividend as higher energy prices boost firm's bottom line

Anglo-Dutch oil major Shell today posted "strong" results on the back of higher oil and gas prices, after the firm re...

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about 2 years ago
cityam.com

Shell's profits surge amid soaring oil and gas prices

Shell has continued its rebound from the pandemic, posting profits of $9.13bn in the first three months of the year.

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about 2 years ago
cityam.com

Shell closes in on $1.8bn deal for Indian renewable power developer amid low-carbon push

Shell is closing in on a deal for Sprng Energy as it looks to speed up its shift to low-carbon energy and expand its ...

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about 2 years ago
cityam.com

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

Shell has called on investors to rejects calls from activists to ramp up its environmental targets, ahead of its annu...

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about 2 years ago
cityam.com

Shell restarts LNG shipments from giant floating gas site

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

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about 2 years ago
cityam.com

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

Shell has revived its efforts to develop a major North Sea gas field after previous attempts were shut down by regula...

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about 2 years ago
cityam.com

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

Shell has announced the pounds sterling and euro equivalent dividend payments for its latest interim dividend. The Lo...

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about 2 years ago
inews.co.uk

Shell 'sorry' for buying cheap Russian oil shipment as other companies cut ties to Russia

Shell boss Ben van Beurden said the firm's decision to buy a shipment of oil last week as other companies exited Russ...

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about 2 years ago
cityam.com

UK's biggest energy port confirms restrictions on Russian ships

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

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about 2 years ago
cityam.com

Shell announces new CFO following London HQ move

Shell has appointed Sinead Gorman as its new chief financial officer with Jessica Uhl stepping down following the fir...

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about 2 years ago
cityam.com

Shell announces exit from Russian assets following Downing Street pressure

Shell will exit is joint ventures with Gazprom following intense government pressure to divest from Kremlin-backed as...

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about 2 years ago
cityam.com

LNG trade grew six per cent amid rebounding post-lockdown demand reveals Shell

Shell has revealed the LNG trade grew six per cent year on year, as economies recovered from the COVID-19 pandemic.

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about 2 years ago
cityam.com

Shell becomes Singapore's first supplier of sustainable aviation fuel

Shell has become Singapore's first supplier of sustainable aviation fuel (SAF), the company announced today during th...

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over 2 years ago
cityam.com

Shell's profits boom as high oil prices drive up earnings

Shell reported soaring profits yesterday, powered by hefty revenues amid tightening markets and rebounding demand.

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over 2 years ago
cityam.com

Shell revels in hefty profits as it announces $8.5bn buyback plan

Shell has raked in $6.4bn in profits over its fourth quarter, while completing $1.7bn of share buybacks following its...

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