Shell posts $6.2 billion in Q3 profit, boosts buyback Shell has today reported a 34% annual drop in third-quarter profit to $6.2 billion as energy prices cooled, with strong trading of liquefied natural gas … Business • 02 Nov
Shell's profits tumble 56% as energy prices cool Shell has today missed forecasts with a 56% fall in second-quarter profit to $5 billion as oil and gas prices fell, prompting the energy giant … Business • 27 Jul
Shell warns of significant drop in gas trading results Energy giant Shell said today that expects second-quarter gas trading results to be "significantly lower" than in the previous quarter. Business • 07 Jul
Shell to sharply boost dividend in new CEO plan Shell will ramp up dividends and share buybacks while keeping oil output steady into 2030 as part of CEO Wael Sawan's efforts to regain investor … Business • 14 Jun
Shell CEO shielded by security amid AGM protests Security staff shielded Shell chief executive Wael Sawan and the firm's board of directors as climate protesters tried unsuccessfully to storm the stage at the … Business • 23 May
Shell posts $10 billion Q1 profit despite lower prices Shell has today posted first-quarter net profit of $9.65 billion, topping analysts' forecasts, as strong earnings from fuel trading and higher liquefied natural gas (LNG) … Business • 04 May
Shell launches first electric ferry at Singapore plant Shell has today launched its first electric ferry globally at its Singapore refinery and said it would work with the city-state's port authority to cut … Business • 17 Apr
Shell's 2022 emissions dip 10% on lower fuel sales Shell's emissions dipped about 10% in 2022 to 1.232 billion tonnes of CO2 equivalent as its fuel sales, including gasoline and diesel, fell around 5% … Business • 09 Mar
Shell makes record $40 billion annual profit Shell today delivered a record $40 billion profit in 2022, capping a tumultuous year in which Russia's invasion of Ukraine allowed the energy giant to … Business • 02 Feb
Shell to combine LNG and upstream businesses Shell will combine its oil and gas production and liquefied natural gas (LNG) divisions as part of broader changes under new CEO Wael Sawan, which … Business • 30 Jan
Shell to pay $2 billion in UK and EU windfall taxes Shell has revealed it will pay around $2 billion in UK and EU windfall taxes for the latest quarter. Business • 06 Jan
Investors ramp up pressure on Big Oil firms on targets A group of investors has tabled resolutions urging four of the world's top oil and gas companies to set broad climate targets for 2030, reviving … Business • 19 Dec 22
Shell to buy Danish firm Nature Energy for nearly $2bn Shell has said it will acquire Danish biogas producer Nature Energy for nearly $2 billion, as it looks to boost its low-carbon business amid growing … Business • 28 Nov 22
Shell reports $9.5 billion quarterly profit Shell has today reported a third-quarter profit of $9.45 billion, easing from the previous quarter's record high due to weaker refining and gas trading, and … Business • 27 Oct 22
Weaker refining, gas trading to hit Shell's Q3 results Shell said today its third-quarter profits would be pressured by a near halving of oil refining margins, crumbling chemical margins and weaker natural gas trading. Business • 06 Oct 22
Shell pulls out of two Irish offshore wind projects Shell has pulled out of two offshore wind projects in the west of Ireland operated by Simply Blue Group a year after the company acquired … Business • 26 Sep 22
Shell picks renewables boss as CEO to lead green change Shell has turned to the head of its gas and renewables business to drive its transition to a greener future, picking Wael Sawan to replace … Business • 15 Sep 22
European CO2 storage project signs 'milestone' deal A carbon storage project owned by three major European oil firms has secured its first commercial deal in what they billed today as a "major … Business • 29 Aug 22
Shell reports record profit of $11.5 billion Shell has reported a profit of $11.5 billion for the second quarter, beating expectations, lifted by strong refining profits and energy prices. Business • 28 Jul 22
Shell boosts oil and gas asset value as refining soars Shell said today it would reverse up to $4.5 billion in writedowns on oil and gas assets after it raised its energy prices outlook following … Business • 07 Jul 22
Shell CEO says spare capacity is running 'very low' Uncertainty in global oil and gas markets could stay for some time to come as spare capacity is very low while demand is still recovering, … Business • 29 Jun 22
Shareholders back Shell's climate strategy Shareholders backed Shell's climate strategy in a meeting that was disrupted by dozens of climate protesters, while a climate activist proposal from the Follow This … Business • 25 May 22
Shell sells Russian retail business to Lukoil Russia's second-largest oil producer Lukoil will buy Shell's Russian retail and lubricants businesses, the companies said today. Business • 12 May 22
Shell posts record profit on soaring energy prices Shell has today reported a record first-quarter profit of $9.13 billion, boosted by higher oil and gas prices, stellar refining profits and the strong performance … Business • 05 May 22
Shell writes down up to $5 billion after Russia exit Shell will write down up to $5 billion in the first quarter as a result of its decision to exit Russia, higher than previously disclosed, … Business • 07 Apr 22
