Investor rebellion looms as Shell faces backlash over net zero plans

Major pension funds reportedly express concerns over the energy giant’s alleged scaling back of net zero targets

Ithaca strikes deal with Shell to market Cambo share

Shell may sell some or all of its 30% stake in the Cambo oil field project to Ithaca Energy to progress the project towards the final investment decision

Shell reports £7.7bn profits

The company beats its own first-quarter profit record with adjusted earnings of £7.2bn

Shell bids farewell to large carbon capture plan in Northern England

Shell will reportedly withdraw from NEP project and will focus on the Scottish Acorn CCS project following National Grid Ventures’ exit

UK offshore workers to hold 48-hour strike

Unite the union has announced 48-hour strike action in the offshore sector over pay and conditions demands, set to impact 1350 workers across five companies including bp, Shell and TotalEnergies

North Sea gas production upgrade – a Shell of a success

Shell has completed an upgrade of the Pierce field in the UK Central North Sea, enabling the production of gas after years of oil production

OPEC+ production cut sparks oil price surge

The announcement of the production cut of one million barrels per day caused the oil price to surge and shares of energy giants to rise by 4%

Oil and gas contractors strike: crisis looms as talks collapse

Around 200 workers will take action across more than 20 oil and gas platforms

Cutting oil and gas production is not healthy, says new Shell boss

Wael Sawan has said the war in Ukraine has shown the “fragility of the energy system”

Shell directors sued over ‘flawed’ climate plans

ClientEarth says Shell’s Board breached its legal duties to manage the climate risk facing the company