Shell reported $14 billion (£10.9 billion) in profits for the first half of the year, driven by its strategic shift from renewables back to oil and gas.
Shell reported $14 billion (£10.9 billion) in profits for the first half of the year, driven by its strategic shift from renewables back to oil and gas.
Shell anticipates a financial impact of up to $2 billion (£1.6 billion) after pausing construction on one of Europe’s largest planned biofuel plants and selling a refinery in Singapore.
At Shell’s tense annual general meeting held in London today, more than a fifth of the shareholders voted against the company’s climate strategy.
Shell exceeded market forecasts with a profit of $7.7 billion (£6.1 billion) in the first three months of the year, surpassing expectations and declaring additional shareholder returns.
London might face a significant impact from the departure of listed companies, as Shell PLC’s (LSE:SHEL, NYSE:SHEL) leader Wael Sawan hinted at a potential move of its listing to the
Shell is facing allegations of not being transparent about its associations with influential pro-fossil fuel advocacy groups in developing countries, including India, Vietnam, China, and the Philippines, as reported by