Shell weakened its 2030 carbon reduction target and scrapped a 2035 objective, citing expectations for strong gas demand and uncertainty in the energy ... Show more
Quick Glance: Shell diminishes climate objectives, inciting activists
- UK-based oil and gas titan Shell weakened significant carbon emission reduction goals on Thursday, sparking outrage among climate activists, while still maintaining its commitment to achieve net zero by 2050.
- As per the group's statement, the net carbon intensity is expected to decrease by 15-20 percent by 2030 compared to the levels recorded in 2016.
- Shell revised its climate objectives, including the 'net carbon intensity', a metric for emissions generated per unit of energy sold by Shell.
- Shell emphasized its pursuit of a 'balanced and orderly transition from fossil fuels to low-carbon energy solutions to ensure a secure and affordable energy supply.'
Shell appoints Joiner in reshuffle of gas, power trading unit: Shell has appointed Greg Joiner to head its Shell Energy unit which oversees renewable generation ...
reuters.com/business/shell-appoints-greg-joiner-head-power-gas-marketing-arm-2024-03-19/
50% of Shell’s gas flaring occurred in Nigeria –Report: Shell said in the report that it had concluded plans to sell the gas flaring Nigerian assets to a ...
punchng.com/50-of-shells-gas-flaring-occurred-in-nigeria-report/
LNG boom: Shell expects 50 percent more demand for liquefied natural gas: Demand is growing rapidly, especially from China. The steel industry there is a huge ...
faz.net/aktuell/wirtschaft/shell-erwartet-50-prozent-mehr-fluessiggas-nachfrage-19519508.html
Shell expects 50% rise in global LNG demand by 2040: Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040 ...
reuters.com/business/energy/global-lng-demand-seen-rising-more-than-50-by-2040-shell-report-2024-02-14/
BT EE plusnet Shell Energy Home UK TalkTalk Vodafone UK are planning to cash in on inflation-linked price hikes this April before
Ofcom's ban hits ... Show more
Shell: Lower Oil Prices Hurt, But Shares Still A Bargain With A High Yield: Shell's outlook looks strong, particularly if there is an uptick in oil prices ...
seekingalpha.com/article/4662314-shell-lower-oil-prices-hurt-but-shares-still-a-bargain-with-a-high-yield
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UK's Ofgem fines Shell Energy UK 1 pound after overcharging probe: Britain's energy regulator Ofgem on Wednesday imposed a 1 pound fine on Shell Energy UK ...
reuters.com/business/energy/uks-ofgem-fines-shell-energy-uk-1-pound-after-overcharging-probe-2024-01-10/
Warning for customers of British Gas, Ovo, Shell, EDF and E.ON: The report founds that energy companies 'fell short' and have been urged to make ...
walesonline.co.uk/news/uk-news/watchdog-alerts-customers-british-gas-28474302
Hedge Fund Millennium’s Senior PM Demain Departs: Millennium Management’s senior portfolio manager and systematic trader George Demain has left the firm ...
bloomberg.com/news/articles/2024-02-15/hedge-fund-millennium-s-senior-pm-demain-departs
Energy firms have been urged to improve 'unsatisfactory' customer service as several major providers fell to the bottom of an annual league table ... Show more
The Most Profitable Sectors and Companies in the World in 2023: International - A recent study on the 2023 Fortune 500 reveals that these global companies ...
business-review.eu/international/the-most-profitable-sectors-and-companies-in-the-world-in-2023-256029
TalkTalk gets arms around Shell broadband base in deal with Octopus: Octopus Energy is selling the 480,000-strong broadband customer base it acquired from Shell ...
news.sky.com/story/talktalk-gets-arms-around-shell-broadband-base-in-deal-with-octopus-13030112
BP pays £254mn to take full control of solar joint venture Lightsource: Deal signals that UK energy group is pressing ahead with a strategy drawn up by former ...
ft.com/content/565e903b-fd41-47bc-8aca-5be4dfaf9af0
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Shell Energy fined £1.4m by Ofcom for breaching consumer protection rules: An Ofcom investigation found 6,054 Shell Energy customers went on to pay higher ...
news.sky.com/story/shell-energy-fined-1-4m-by-ofcom-for-breaching-consumer-protection-rules-13012701
Oil majors call on Washington and Brussels to intervene in LNG dispute: Shell, BP and Edison accuse Venture Global of worsening EU gas crisis by refusing to ...
ft.com/content/90891fb9-9bb9-4777-8b10-5e071514ea09
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Martin Lewis tells people how to get £50 off with 'naughty' trick: You can get the money with the help of a friend
derbytelegraph.co.uk/news/uk-world-news/martin-lewis-tells-people-how-8896430
Fortune 500 Europe: Which company is the biggest on the continent?: Energy companies are sitting on top of the newly published Fortune 500 Europe list.
euronews.com/business/2023/11/09/fortune-500-europe-which-company-is-the-biggest-on-the-continent
Shell Q3 profit drops to $6.2 billion, group boosts buybacks: Shell (SHEL.L) reported on Thursday a 34% annual drop in third-quarter profit to $6 ...
reuters.com/business/energy/shell-reports-62-bln-third-quarter-profit-increases-buybacks-2023-11-02/
Shell has given up specific targets for carbon offsets- CEO: Shell (SHEL.L) has given up on specific spending and volume targets for carbon offsets ...
reuters.com/sustainability/climate-energy/shell-has-given-up-specific-targets-carbon-offsets-ceo-2023-10-17/
First we had climate denial, now we have the great net-zero con: Seventy-five of the world’s largest 112 fossil fuel companies have committed to reaching net ...
irishtimes.com/business/economy/2023/10/29/first-we-had-climate-denial-now-we-have-the-great-net-zero-con/
Shell LNG push puts clean energy strategy in spotlight: UK producer insists it is sticking to net zero goals even as it ramps up output in its most lucrative ...
ft.com/content/b4112b7d-24b6-476c-89f2-03dd67c742d8
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Exxon set to buy shale rival Pioneer for US$60 billion in stock -sources: NEW YORK/HOUSTON, (Reuters) - Exxon Mobil XOM.N is expected to say today it will buy U ...
stabroeknews.com/2023/10/11/news/guyana/exxon-set-to-buy-shale-rival-pioneer-for-us60-billion-in-stock-sources/
Quick Glance: Exxon deal drives consolidation in US oil and gas industry
- Exxon Mobil's $60 billion deal with Pioneer Natural Resources could trigger further consolidation.
- The Permian Basin has already seen deals worth over $26 billion.
- Exxon's transaction is positive for the sector, especially for Permian Basin players.
- Potential buyers could include Exxon's biggest rivals like Chevron and ConocoPhillips.
Octopus Energy: the UK start-up outgrowing its roots : Founder Greg Jackson puts expansion above profits even as Shell deal turns it into second-biggest ...
ft.com/content/9aef2708-4893-417d-ab65-d82d60961c19
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Aramco to Study Potential Bid for Shell’s Pakistan Unit: Saudi Aramco is exploring a potential bid for Shell Plc’s assets in Pakistan, according to people ...
bloomberg.com/news/articles/2023-10-13/aramco-is-said-to-study-potential-bid-for-shell-s-pakistan-unit
EU Council reaches landmark agreement on electricity market reform: The European Council has reached an agreement on a proposal to amend the EU’s electricity ...
powerengineeringint.com/policy-regulation/eu-council-reaches-landmark-agreement-on-electricity-market-reform/
Shell shares hit record high as Israel-Hamas war drives up oil price: Analysts say traders have started to price in disruption that conflict could cause to ...
theguardian.com/business/2023/oct/16/shell-shares-hit-israel-hamas-war-oil-price-supply
BT and EE broadband customers among those who face £150 bill hike: Which? has called on regulator Ofcom to ban the practice altogether
walesonline.co.uk/news/uk-news/broadband-customers-face-150-bill-27848059
Warning as millions in UK face ‘outrageous’ £150 hike to bills: The price hikes come on top of previous uplifts for households earlier this year
examinerlive.co.uk/news/cost-of-living/warning-millions-uk-face-outrageous-27870331
Shell's Wael Sawan Plans Employee Meeting to Discuss Clean Energy Strategy: Shell Plc Chief Executive Officer Wael Sawan will meet with employees later this ...
bloomberg.com/news/articles/2023-10-04/shell-ceo-plans-town-hall-for-staff-amid-anxiety-over-oil-shift
Shell to sell home energy business in UK, Germany to Octopus Energy: Shell (SHEL.L) said on Friday it would sell its home energy business in the UK and Germany ...
reuters.com/markets/deals/shell-sell-energy-business-uk-germany-octopus-energy-2023-09-01/
Quick Glance: Shell to Sell Home Energy Business in UK and Germany to Octopus Energy
- Shell to sell its home energy business in the UK and Germany to Octopus Energy as part of a partnership for EV charging.
- Returns in the British energy retail sector have been under pressure due to rising wholesale costs and price caps imposed by regulator Ofgem.
- The acquisition is expected to make Octopus the second-largest energy supplier in Britain with approximately 6.5 million customers.
- The transaction is expected to be completed in the fourth quarter of 2023, pending regulatory approval.
Martin Lewis warning as energy customers face big change: The change will impact 1.4 million people
walesonline.co.uk/news/cost-of-living/martin-lewis-warning-energy-customers-27694625
Petronas posts 29% profit fall, to focus on capital buffer: Malaysia's Petroliam Nasional Berhad (Petronas) will focus on bolstering its capital position to deal ...
reuters.com/business/energy/malaysias-petronas-posts-lower-profit-energy-prices-drop-2023-08-30/
Octopus Energy is favourite to wrap tentacles around Shell customers: Shell is hoping to strike a deal to sell its UK energy retail business, which has about 1 ...
news.sky.com/story/octopus-energy-is-favourite-to-wrap-tentacles-around-shell-customers-12947163
NGC to get gas from Manatee: THE National Gas Company of Trinidad and Tobago Ltd (NGC) and Shell Trinidad and Tobago Ltd yesterday signed an amended Domestic Gas ...
trinidadexpress.com/business/local/ngc-to-get-gas-from-manatee/article_75403ab4-59a8-11ee-9776-a72515e84322.html
Should I fix my energy prices until 2024? Suppliers now offer deals under Ofgem’s price cap
inews.co.uk/inews-lifestyle/money/bills/fix-energy-prices-suppliers-now-offer-deals-ofgems-price-cap-2529393
Shell (SHEL LN) Considers New LNG Projects to Meet Future Demand Growth: Shell Plc is exploring a number of liquefied natural gas export projects in North ...
bloomberg.com/news/articles/2023-09-06/shell-considers-new-lng-projects-to-meet-future-demand-growth
Octopus Energy closes in on Shell deal as Big Six dominates the market: Octopus Energy is closing in on a deal to snap up Shell's household energy business ...
cityam.com/octopus-energy-closes-in-on-shell-deal-as-big-six-dominates-the-market/
Nigeria must embrace renewable energy, says NBCC: The Nigeria-British Chamber of Commerce has said Nigeria’s transition to renewable energy is “no longer a ...
punchng.com/nigeria-must-embrace-renewable-energy-says-nbcc/
The cheap fixed energy deals that are now available and less than the price cap: Some good deals have come on the market and you don't need to be an ...
walesonline.co.uk/news/cost-of-living/cheap-fixed-energy-deals-now-27344340
How to submit a meter reading ahead of price cap change tonight: Bills are set to drop for the first time in two years - but you should act now to avoid ...
walesonline.co.uk/news/cost-of-living/british-gas-edf-octopus-energy-27229485
Houston routes, landmarks to be more detailed in Apple Maps update: Apple Maps new release features more detailed designs of Houston, including three-dimensional ...
houstonchronicle.com/news/houston-texas/transportation/article/apple-maps-update-city-experience-houston-18261966.php
High-level discussions on LNG for BPL occurring, says CEO: There are a number of negotiations occurring at higher levels with companies that may be able to ...
thenassauguardian.com/high-level-discussions-on-lng-for-bpl-occurring-says-ceo/
Shell dumped by Church of England pensions board on ESG concerns: The Church of England Pensions Board will offload its stake in Shell Plc as part of a total ...
english.alarabiya.net/business/2023/06/22/Shell-dumped-by-Church-of-England-pensions-board-on-ESG-concerns
My mother’s treasured phone number of 70 years has been lost: It was of great sentimental value, but was cut off when she was transferred to Shell Energy
theguardian.com/money/2023/may/25/my-mothers-treasured-phone-number-of-70-years-has-been-lost
How energy suppliers including British Gas and Octopus set your direct debit: How often your payment is checked to make sure you're not spending too much or ...
chroniclelive.co.uk/news/cost-of-living/energy-bills-direct-debit-cost-26995310
My mother’s treasured phone number of 70 years has been lost: It was of great sentimental value, but was cut off when she was transferred to Shell Energy
theguardian.com/money/2023/may/25/my-mothers-treasured-phone-number-of-70-years-has-been-lost
'Go to hell, Shell': climate protesters disrupt oil company's annual meeting – video
theguardian.com/business/video/2023/may/23/go-to-hell-shell-climate-protesters-disrupt-oil-companys-annual-meeting-video
Quick Glance: Climate Activists Demand Climate Targets from Shell
- Climate activists demonstrate outside of Shell's annual shareholders meeting at the ExCel center in London.
- Security staff protected Shell CEO Wael Sawan and the board of directors as activists attempted to storm the stage.
- Follow This, a Dutch activist investor and campaign group, presented a resolution at Shell's shareholders meeting calling on the company to align its climate targets with the Paris Agreement and commit to absolute carbon emissions cuts by 2030.
- For the first time, Dutch pension managers MN and PGGM, both Shell shareholders, have supported the resolution.
Gold Cup Phaeton brace takes Guadeloupe top of Group D - Guyana Chronicle: HOUSTON, Texas, (CMC) – Guadeloupe charged to the top of Group D while eliminating ...
guyanachronicle.com/2023/07/03/gold-cup-phaeton-brace-takes-guadeloupe-top-of-group-d/
Shell adverts banned for not mentioning 'large-scale' oil and gas work: Three adverts promoting Shell's low-carbon products failed to mention that oil and ...
metro.co.uk/2023/06/07/shell-adverts-banned-for-not-mentioning-large-scale-oil-and-gas-work-18908839/
CONCACAF Gold Cup: What to know, how to watch in Houston: Houston will host four games at NRG and Shell Energy Stadium during tournament's run.
houstonchronicle.com/texas-sports-nation/dynamo/article/concacaf-gold-cup-know-watch-houston-18160728.php
Shell Demands Profits From Green Energy Unit, Not Just CO2 Cuts: Shell Plc executives are telling their renewable power business that it needs to become more ...
bloomberg.com/news/articles/2023-05-18/shell-demands-profits-from-green-energy-unit-not-just-co2-cuts
Shell: oil multinationals no longer become activists: No oil company had oriented itself towards sustainability as credibly as Shell. Now the multinational is ...
wiwo.de/unternehmen/energie/shell-aus-oelmultis-werden-keine-aktivisten-mehr/29208016.html
Activists demand climate action as TotalEnergies annual general meeting kicks off | Africanews
africanews.com/2023/05/26/activists-demand-climate-action-as-totalenergies-annual-general-meeting-kicks-off/
Offensive woes linger as Pride fall to Dash to begin another losing streak: A 2-0 loss at Shell Energy Stadium on Saturday night is Orlando's second defeat ...
orlandosentinel.com/2023/06/03/pride-falls-to-houston-dash/
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