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...Shell plans to invest $4bn a year in LNG projects until 2025 and to increase the volume it sells by 20 to 30 per cent by 2030....
...A separate letter from BP concurred with Shell’s position....
...Since taking the helm in 2012, Soriot has turned AstraZeneca into the second-largest company on the FTSE 100 index behind Shell....
...Shell is London’s most valuable listed company and its potential exit would set off alarm bells in the UK....
...The FT revealed last year that Shell had considered quitting Europe and moving its listing to the US....
...Something will have to give,” he said, in his first public interview since leaving Shell....
...Shell says it would comply with any new ruling....
...Shell appealed against the ruling this month....
...Shell has appealed against the ruling and that appeal is scheduled to be heard next month. Shell’s total emissions last year were 1.1bn tonnes of CO2e down from 1.3mn tonnes in 2021....
...Shell’s lowered target reflects the divestment of its European energy retail business, and with it the reduction in expected power sales....
...Shell said LNG demand was expected to reach 625mn to 685mn tonnes in 2040, from 404mn tonnes in 2023....
...Shell’s shares rose 3 per cent to £25.10 by lunchtime in London. A reference to Shell’s geopolitical considerations in this article has been amended....
...Sluggishness in refining at Shell chimes with what other oil producers are seeing....
...Together the investors oversee more than €3.8tn and own about 5 per cent of Shell....
...Shell has been seeking to leave its onshore business in Nigeria for the past three years....
...Shell’s choice puts the global economy in danger by “exacerbating the climate crisis”, Mark van Baal, founder of activist shareholder group Follow This, said in a statement....
...Shell said it had been the first to sign a long-term LNG agreement with Venture Global, “allowing them to gain the financing they needed to construct the facility . . ....
...Shell declined to comment....
...“This is another important milestone,” said Machteld de Haan, executive vice-president for chemicals and products at Shell....
...In a campaign this summer called Ultimate Road Trips, Shell worked with gamers to create customised online racecourses — complete with Shell petrol stations — within the video game Fortnite....
...Shell is building Europe’s largest green hydrogen production plant in the Netherlands....
...“He will leave behind a strong team and a well-positioned portfolio,” Shell said....
...Shell has appealed against the ruling....
...Galp, in a filing made on Tuesday, is looking to join in with the complaints filed by BP and Shell to the Federal Energy Regulatory Commission (Ferc)....
...Shell’s shares rose 2 per cent to £27.05 by lunchtime in London....
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