Shell shareholders were met with a strong statement, “Welcome to hell,” as climate activists gathered outside the oil giant’s annual general meeting.
Shell shareholders were met with a strong statement, “Welcome to hell,” as climate activists gathered outside the oil giant’s annual general meeting.
In the first quarter of this year, Royal Dutch Shell achieved an all-time high in profits, amassing over $9.6 billion (£7.6 billion) despite a decline in oil and gas prices
Shell gas field in the North Sea has the potential to supply gas to one million homes. Previously, the Pierce field was solely used for oil production, with gas being
As a result of the restarting of US exports from America’s second-largest liquefied natural gasoline terminal, gas prices in Europe fell to levels not seen since September 2021.
The company posted a record $39.9bn annual profit (£32.2bn), beating the previous record of $28.4bn, (£22.9bn), set in 2008.
As the European Union focuses on renewable energy sources to replace Russia’s energy supply, the amount of electricity generated from fossil fuels is expected to plummet.
Shell Energy is threatening up to 2,000 jobs in the UK after it announced that it was looking at quitting the energy industry.
According to Bloomberg News marketing materials, Shell Plc has decided to sell its stakes in North Sea oil fields.
This could signal that the record-breaking earnings run by the energy giant may be over.
On Tuesday, European countries raced to investigate mysterious leaks in Russian gas pipelines that run under the Baltic Sea between Sweden and Denmark.
After a fire at an American export terminal threatened to endanger supplies to Europe, natural gas prices in Europe rose.