Showing posts with label Shell. Show all posts
Showing posts with label Shell. Show all posts

Friday, October 30, 2026

Shell profits double to $10.8bn as Iran war pushes up profit margin on oil

“As fossil-fuelled storms, floods, and soaring costs wreck communities, oil executives like Shell’s Wael Sawan are popping champagne on the deck of a sinking planet. We are paying with our lives and paychecks while they cash in on our misery,” said Philip Evans, a senior campaigner at Greenpeace…

 https://www.theguardian.com/business/2026/oct/29/shell-profits-double-iran-war-pushes-up-profit-margin-on-oil


Sunday, May 7, 2023

Shell accused of ‘profiteering bonanza’ after record first-quarter profits of $9.6bn

"The scale of profiteering displayed today by Shell and earlier this week BP is one of the corporate scandals of our times. And this is practically untouched by Rishi Sunak's so-called windfall tax.

"Not taking any action against 'Big Oil' means the profiteering plundering will continue without end."…
https://www.theguardian.com/business/2023/may/04/shell-makes-record-quarterly-profits-of-nearly-10bn


Tuesday, April 4, 2023

'Incredibly Disturbing' Docs Reveal Oil Giant Shell Knew About Climate Impacts Even Earlier

"Shell already began collecting knowledge about climate change in the 1960s. The company not only kept well abreast of climate science, but also funded research. As a result, Shell already knew in the 1970s that burning fossil fuels could lead to alarming climate change." 

Faced with a global oil crisis, rather than using its climate information to publicly sound the alarm and shift to cleaner practices, the company "focused instead on a nonsustainable profit model," launching Shell Coal International in 1974…

Saturday, March 11, 2023

'Twisted': BP and Shell CEOs See Pay Double as Workers Struggle to Heat Homes

"While the rest of us struggle to pay our energy bills, the pay packages of fossil fuel giant bosses are doubling. Why are they allowed to profit from our misery?" 

Fossil fuel corporations' ballooning profits and executive pay packages have provoked calls for far-reaching action to protect consumers from the high gas prices and electricity bills driving a historic cost-of-living crisis. 

"Instead of allowing these huge payouts to end up in the pockets of CEOs, the government must step in with a proper tax on the oil industry and its profits, channel the money into stopping energy waste from homes, and invest in green heating schemes," Greenpeace U.K. campaigner Mel Evans toldReuters on Friday…

Friday, October 28, 2022

Biden says Shell is misusing its profits by not cutting gas prices | Reuters

Shell earlier on Thursday said its third-quarter profit was a near-record $9.45 billion, as it sharply boosted its dividend by 15% and announced plans to buy $4 billion more of stock over the next three months...


Sunday, September 18, 2022

Criticism intensifies after big oil admits ‘gaslighting’ public over green aims | Climate crisis | The Guardian

The new documents are "the latest evidence that oil giants keep lying about their commitments to help solve the climate crisis and should never be trusted by policymakers", said Richard Wiles, president of the Center for Climate Integrity. 
"If there is one thing consistent about the oil and gas majors' position on climate, it's their utter inability to tell the truth," Wiles added…


Monday, August 19, 2019

Workers were ordered not to protest or show any 'resistance' at Trump rally in Pennsylvania - Raw Story

Workers in attendance at President Donald Trump's rally at a Shell plant in Pennsylvania on Tuesday were ordered not to protest or do "anything viewed as resistance" during the event. That's according to the Pittsburgh Post-Gazette, which reported late Friday on the strict instructions employees were given by their bosses ahead of the event.
https://www.rawstory.com/2019/08/workers-were-ordered-not-to-protest-or-show-any-resistance-at-trump-rally-in-pennsylvania/

Wednesday, April 3, 2019

Sunday, February 4, 2018

Shell buying spree cranks up race for clean energy

Royal Dutch Shell has spent over $400 million on a range of acquisitions in recent weeks, from solar power to electric car charging points, cranking up its drive to expand beyond its oil and gas business and reduce its carbon footprint.....
https://www.reuters.com/article/us-shell-m-a/shell-buying-spree-cranks-up-race-for-clean-energy-idUSKBN1FF1A8

Saturday, May 14, 2016

Yet Another Oil Spill Wreaks Havoc On The Gulf Of Mexico And Nearby Coastal Communities

A Shell oil facility has leaked nearly 90,000 gallons of oil into the Gulf of Mexico, according to federal authorities. The spill has left a two-mile by thirteen-mile sheen in the Gulf, approximately 165 miles southwest of New Orleans. A helicopter first noticed the spill near Shell’s Brutus platform on Thursday morning, according to Shell spokeswoman Kimberly Windon.

“There are no drilling activities at Brutus, and this is not a well control incident,” Windon told the Associated Press. Instead, authorities believe the leak came from a release of oil from subsea infrastructure, from a line connecting four wells. According to the Wall Street Journal, Shell had dispatched boats Friday to begin cleaning up the spill....
http://thinkprogress.org/climate/2016/05/13/3778155/shell-gulf-spill/









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