Monday, 24 February 2025

Focus on Shell plc

A new analysis by Corporate Accountability found that household names including Disney, Volkswagen, Air France and many more were among brands that heavily invested in likely worthless carbon offset credits (AFP)
BusinessEconomyEmissionsEmissions MarketsFinanceNewsPoliticsVoluntary Carbon Markets (VCMs)

World’s biggest companies snap up ‘likely junk’ carbon offsets: analysis

A new analysis by Corporate Accountability found that household names including Disney, Volkswagen, Air France and many more were among brands that heavily...

The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier
BusinessFinanceFuelNewsOil

Saudi Arabia sets up new Aramco share sale that could raise $13.1B

Saudi Arabia's government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise as much as...

FILE PHOTO: ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceNewsOil

Shell, Exxon near deal to sell North Sea assets to Viaro, sources say

The sale of the Clipper and Leman Alpha field clusters would mark the latest step in a steady retreat of major oil and...

FILE PHOTO: The installations of liquified natural gas producer Atlantic LNG are pictured in Point Fortin, Trinidad and Tobago, December 10, 2022. REUTERS/Andrea De Silva/File Photo
BusinessEconomyLiquefied Natural GasNatural GasNewsOilPoliticsTrade

BP, Shell and EOG vie for acreage in Trinidad’s oil and gas auction

Trinidad and Tobago received six bids from BP, Shell and US shale producer EOG Resources on four blocks to explore for oil and...

FILE PHOTO: The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo
ClimateEnvironmentNewsOilPolitics

Greenpeace activists protest at TotalEnergies shareholder meeting

Greenpeace activists climbed a building near TotalEnergies' Paris HQ on Friday to criticise the company's climate change strategy

U.S. Senator Sheldon Whitehouse (Democrat of Rhode Island) speaks during a news conference at House Triangle on Capitol Hill in Washington, U.S., April 26, 2023. REUTERS/Tom Brenner/File Photo
BusinessCourtsEmissionsLegislationNatural GasNewsOilPolitics

US lawmakers urge Justice Department to probe climate deception by Big Oil

The U.S. Democrats accuse companies of misleading the public by making promises to reduce emissions while also seeking to protect oil and gas...

FILE PHOTO: The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
FuelLiquefied Natural GasNewsTrade

Shell sees emerging Asian markets taking more of world’s growing LNG supply

Shell expects its Australian LNG supplies to help meet demand from emerging markets in south and southeast Asia

Climate protesters demonstrate outside Shell's annual general meeting in Greenwich, London, Britain, May 21, 2024. REUTERS/Ron Bousso
BusinessNewsOilPolitics

Shell shareholders reject investor climate resolution

Shell climate resolution overwhelmingly rejected by shareholders during meeting punctuated by protests.

Shell’s chairman, Sir Andrew MacKenzie, was interrupted by protesters as he opened the oil giant’s AGM in London (Rebecca Speare-Cole/PA)
BusinessNewsOilPolitics

Climate protesters accuse Shell chair of ‘greenwashing’ at AGM

Shell AGM protests see crowds interrupt chairman Sir Andrew Mackenzie, who attempted to defend company's stance on climate in remarks to shareholders.

FILE PHOTO: An oil tanker sails on Lake Maracaibo, in Cabimas, Venezuela October 14, 2022. REUTERS/Issac Urrutia/File Photo
BusinessNewsOilPoliticsTrade

US to favor existing investors for Venezuela oil licenses: sources

The move appears designed to encourage companies that have projects frozen because of U.S. sanctions, such as Italy's Eni and Spain's Repsol, to...

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