Shell said to work with Lazard on home energy retail unit sale
Shell is working with US investment bank Lazard Ltd. to evaluate options including a sale of its European retail gas and power business, according to people familiar with the matter.
Shell Energy
Shell plans strategic review of energy supply business which employs 2,000 in UK
Oil giant Shell has raised questions about the future of its energy supply business which employs thousands of people in the UK as companies continue to struggle in a tough market.
Shell’s UK unit got £1.2 billion this year to weather energy crisis
Shell gave its British retail energy arm roughly £1.2 billion ($1.5 billion) of financial backing this year to survive wild swings in natural gas and power prices.
Ofcom probes Shell Energy over missing communication with broadband customers
Shell Energy is being investigated by the communications regulator for not alerting customers that their broadband contracts were coming to an end.
Energy supplier Pure Planet folded after BP debt call
BP sought repayment of a £53m debt after the energy retailer warned that rising gas prices would likely lead to losses.
Shell Energy reports profit drop in ‘cut-throat market’
A cut-throat market slashed into profit as oil major Shell forayed into the energy supply market last year, the company has revealed.
Ofgem orders Shell Energy to pay out after overcharging customers
Shell Energy Retail has been forced to pay £390,000 after overcharging around 12,000 energy customers on its default tariffs.
First Utility renamed Shell Energy as customers switched to green power
Royal Dutch Shell has renamed First Utility as Shell Energy as it announced it has switched all of the supplier's British residential customers to 100% renewable electricity.
My next car will be electric, says Shell CEO van Beurden
When the boss of Europe’s biggest listed oil company says his next car will be electric, it says a lot about the future of fossil fuels.
Renewed appetite for competition in North Sea auctions ‘great to see’
An industry expert has said renewed enthusiasm for competing in licensing rounds is “great to see” ahead of crucial, upcoming North Sea auctions.
Sound secures Italian job with Shell
Sound Oil, the Mediterranean focused upstream gas company, has signed a gas sales agreement with Shell for the Casa Tonetto production concession.