Shell CEO says £25bn UK investments ‘have to make sense’ amid windfall tax calls
The chief executive of Shell has addressed whether the prospect of a North Sea windfall tax would damage the case for its planned £25bn investment in the UK.
Ben Van Beurden
Shell weathers ‘volatile times’ to post record profits despite Russia blow
Shell (LON: SHEL) reported its best ever quarterly results on Thursday despite suffering a hefty blow over its exit from activities in Russia.
Big Oil’s big earners: CEO pay ranked
The CEO pay packets of Europe's oil supermajors continue to trail that of their American counterparts, as Energy Voice explores earnings amongst the sector’s top execs.
Ukraine accuses Shell of ‘accounting trick’ to keep buying oil from Russia
The Ukrainian government criticised Shell for setting rules that allow the company to buy oil products partly sourced from Russia.
UK energy strategy to ‘breathe new life’ into North Sea and Net Zero
A commitment to North Sea oil and gas while ramping up nuclear, hydrogen and offshore wind, is at the heart of a new UK strategy to protect consumers from future surges in energy bills.
BP boss more than doubles pay packet to £4.5m
BP (LON:BP) chief executive Bernard Looney has secured a £4.5 million payday in the wake of the supermajor’s bumper 2021 profits.
Climate group bringing law suit against Shell directors on net zero
A climate group is preparing legal action against the board of directors at Shell (LON: SHEL) for not preparing the oil giant to cut emissions fast enough.
Shell boss says no one will be fired over Russian oil purchase
The chief executive of Shell has said no one will be fired for a controversial purchase of Russian crude oil last week and that he would take personal responsibility for it, according to people with direct knowledge of the matter.
‘Six million miles away from Just Transition’: Shell CEO pay surges to 57x more than average employee
Shell CEO Ben van Beurden has taken home a whopping £6.1 million pay package following an “impressive financial performance for the oil giant”.
Shell announces plan to divest from Russia partnerships
Oil and gas giant Shell has become the latest company to divest from Russia following the country’s invasion of the Ukraine.
Shell picks Ed Daniels for new strategy and sustainability role
Shell has announced the appointment of Ed Daniels to the newly created role of strategy, sustainability and corporate relations director.
Shell CEO pledges to ‘do whatever we can’ to supply Europe as Russia-Ukraine conflict intensifies
As fears of a Russian invasion of Ukraine intensify, Shell has pledged to act to try to ensure Europe’s energy crisis does not worsen.
‘It didn’t make sense to allocate money there’ – Shell CEO on Cambo
Shell’s chief executive has reiterated that financial motives were the driver behind the supermajor’s decision to pull out of Cambo.
CEO van Beurden ‘not convinced’ by windfall tax as Shell profits surge
Shell chief executive Ben van Beurden says a windfall tax on the profits of North Sea companies is unlikely to ease the problems caused by lofty gas prices.
Shell celebrates ‘momentous’ 2021 results with $8.5 billion share buyback and dividend raise
Shell (LON:SHEL) has hailed a “momentous year” in 2021, making dual announcements to keep shareholders happy as profits surged for the energy giant.
Shell marks first day trading single line of shares
No longer Royal or Dutch, Shell plc confirmed Monday that the merging of the company’s A and B shares into a single line of ordinary shares had concluded on Saturday January 29.
‘It felt like a body blow’: Shell CEO reflects on 2021
Shell CEO Ben van Beurden has reflected on a turbulent 12 months for the company, which have seen court rulings, massive shareholder dividends and a permanent move to the UK.
Big Oil wins big in ScotWind – Shell, TotalEnergies and BP land acreage
ScotWind has proved a big boon to Big Oil, with fossil fuels giants BP, Shell and TotalEnergies all winning acreage.
Shell overtakes AstraZeneca on FTSE 100 top spot, share buybacks going ‘at pace’
Shell (LON: RDSA) has overtaken AstraZeneca to become the company with the largest market value on the FTSE 100 index.
Shell won’t abandon green transition in face of higher oil prices, says CEO
Higher oil and gas prices will not see Shell change its green transition strategy to shift away from fossil fuels, the oil giant's CEO has said.
‘It would have been a distraction’ – BP CEO on why he’s not at COP26
BP chief executive Bernard Looney says it would have been a “distraction” if he’d attended the COP26 climate summit in person.
COP26 President Alok Sharma dodges questions on oil majors’ attendance
Mr Sharma refused to be drawn on whether oil and gas majors were formally excluded from the UN climate event.
‘We were told that we were not welcome’: Shell boss confirms no presence at COP26
Answering questions on its Q3 results, Shell chief executive Ben van Beurden said the energy giant won’t be attending the global climate event.
Shell pledges to halve own emissions by 2030 following landmark Dutch court ruling
Shell has pledged to halve absolute emissions from its operations by 2030 following a landmark Dutch court ruling in May.
Shell strikes UK hydrogen deal with QatarEnergy
Shell has signed an agreement to work on blue and green hydrogen in the UK with QatarEnergy.