Shell posts record Q1 profits on surging oil, gas prices
5th May 2022 07:03
(Sharecast News) - Shell's on Thursday reported record first-quarter profits driven by surging oil and gas prices which have been inflated by the Ukraine war, fuelling calls for a UK windfall tax on energy firms.
Read moreShell urges shareholders to reject Dutch activist resolution
20th Apr 2022 10:45
(Sharecast News) - Shell has urged shareholders to reject calls that the oil giant adopt more stringent environmental targets.
Read moreShell sees $5bn write off after Russia exit as oil earnings spike
7th Apr 2022 07:17
(Sharecast News) - Energy giant Shell on Thursday said it expected to book up to $5bn in post-tax write offs after its decision to exit Russia, adding that oil & gas earnings would be "significantly higher" on the back of surging prices.
Read moreShell to invest up to £25bn in UK
24th Mar 2022 13:48
(Sharecast News) - Shell plans to invest up to £25bn in the UK energy system, the energy giant said on Thursday, the majority of which will be in low-carbon products.
Read moreShell CEO pay jumps to £6m as energy bills soar
10th Mar 2022 09:41
(Sharecast News) - Shell Chief Executive Ben van Beurden's annual pay rose by a quarter to more than £6m after the oil group posted record results boosted by rising prices that have caused the cost of living to soar.
Read moreShell to stop buying Russian crude
8th Mar 2022 11:39
(Sharecast News) - Shell is to halt buying Russian oil with immediate effect, the energy giant confirmed on Tuesday, as it apologised for acquiring a shipment of Urals crude last week.
Read moreApple, Airbus join growing list of firms cutting ties with Russia
2nd Mar 2022 10:31
(Sharecast News) - The list of companies cutting ties with the Russian regime grew on Wednesday, with Apple, Airbus, Boeing and Exxon all responding to Moscow's unprovoked invasion of Ukraine.
Read moreShell's finance chief to step down
1st Mar 2022 11:55
(Sharecast News) - Shell's finance director Jessica Uhl is to step down after five years in the role, the oil giant said on Tuesday.
Read moreShell becomes latest oil giant to quit Russia
1st Mar 2022 06:55
(Sharecast News) - Shell is to join rival BP in exiting its Russian interests, including ending its involvement with the controversial Nord Stream 2 pipeline.
Read moreLos buenos resultados de GNL de Shell aumentan las expectativas de BP -- Market Talk
7th Feb 2022 11:14
(Sharecast News) - 1111 GMT - BP debería presentar un resultado positivo de su negocio de GNL (gas natural licuado) en sus resultados de este martes, afirma RBC Capital Markets, que añade que los resultados optimistas de Shell de la semana pasada refuerzan esta opinión. Además, se espera que la compañía energética británica aumente la recompra de acciones este trimestre a la luz de los fuertes precios de las materias primas y las desinversiones cobradas, señala RBC. El banco estima que BP registrará un flujo de caja excedente de unos 3.300 millones de dólares, lo que sugiere una recompra a futuro de entre 1.500 y 2.000 millones de dólares. "Aunque seguimos siendo escépticos con respecto a la nueva y audaz estrate
Read moreBerenberg nudges up target price on Shell
7th Feb 2022 10:52
(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating the firm was "on a roll".
Read moreShell beats forecasts as oil, gas prices drive soaring profits
3rd Feb 2022 07:21
(Sharecast News) - Oil giant Shell reported better-than-expected fourth-quarter profits, driven by surging oil and gas prices and announced an $8.5bn share buyback.
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