Shell News Updates

GovernmentBusinessFuel

Shell Will Sell Russia Fuel Stations as Part of Exit Plan

Shell Plc is in talks to sell its fuel stations in Russia as it withdraws from the country in response to the invasion of Ukraine.

May 6, 2022
BusinessFuel

Shell Reports Record Q1 Earnings as Oil Prices Soar

LONDON Energy giant Shell reported record first-quarter earnings after a surge in oil prices, fueling calls for the British government to impose a tax on energy companies windfall earnings to help consumers struggling with the soaring cost of living.

May 5, 2022
BusinessFuel

Shell Apologizes, Says It Wont Buy Russian Oil

LONDON Shell said March 8 that it will stop buying Russian oil after Ukrainian officials criticized the energy giant for buying a shipment of crude from Moscow and demanded that all multinational companies sever ties with Russia over the war.

March 8, 2022
GovernmentBusinessFuel

Shell to Pull Out of Energy Investments in Russia

LONDON Global oil and gas giant Shell said Feb. 28 that it is pulling out of Russia as President Vladimir Putins invasion of Ukraine continues to cost the countrys all-important energy industry foreign investment and expertise.

February 28, 2022
BusinessFuel

Shell Drops Royal Dutch From Name After Relocation

Shell Plc has dropped Royal Dutch from its name, part of a major overhaul of its legal and tax structure announced in December.

January 21, 2022
BusinessTechnologyEquipmentFuel

Eaton, Shell Step Up EV Charging Infrastructure Efforts

Eaton Corp. and Shell Electric Mobility separately announced charging initiatives intended to accelerate the market for zero-emission electric trucks.

January 6, 2022
GovernmentBusinessFuel

US Authorizes Pemex Purchase of Shell Refinery

The U.S. government has authorized Petroleos Mexicanos bid to take over Royal Dutch Shell Plcs Deer Park refinery, according to Mexico President Andres Manuel Lopez Obrador.

December 22, 2021
BusinessFuel

Shell Oil Platforms Hit by Hurricane Ida May Restart Soon

Royal Dutch Shell is hoping to restart its Ursa oil and gas platform in the Gulf of Mexico as early as the first half of November, according to a person familiar with the matter who asked not to be identified because the information isnt public.

October 22, 2021
BusinessFuel

ConocoPhillips Says Shell Deal Cuts Emissions Per Barrel of Oil

ConocoPhillips $9.5 billion deal to buy shale assets from Royal Dutch Shell Plc will boost oil production and, inevitably, greenhouse gas emissions as well. Yet the company says the pact will actually allow it to reach one of its climate goals faster.

September 21, 2021
BusinessTechnologyEquipmentFuel

Shell, Meritor Make Case for Lower Emissions

LONG BEACH, Calif. Shell and Meritor Inc. have withstood abrupt changes in an evolving transportation industry because of their ability to adapt to new technologies.

September 7, 2021