Shell increased shareholder payouts through dividends and a share buyback program despite a dip in earnings. The company's spending on renewable energy projects decreased, while payouts to ...

The landmark ruling of a Dutch court that ordered Shell to slash its emissions could obstruct the role the supermajor can play in the energy transition and could slow the fight against climate change, ...

Shell’s latest strategic plan to adapt to the energy transition and achieve its target of a net-zero portfolio by 2050 is similar to peers' but different in an important way. Like peers with similar ...

Private equity giant KKR has turned to an unusual source to spearhead its green investment program—the former boss and 39-year veteran of oil-drilling giant Shell. KKR has appointed ex-Shell CEO Ben ...

Shell plc has published its Energy Transition Progress Report 2022, which can be viewed and downloaded from www.shell.com/agm. The report shows Shell has again met ...

Anglo-Dutch supermajor Shell is planning to cut between 7000 and 9000 jobs — 8.5% to 11% of its global workforce — as it looks to streamline its business to thrive in the energy transition. Shell said ...

Shell plc SHEL, one of the world's most prominent energy giants, has announced it will scale back its involvement in new offshore wind investments in a move that marks a significant departure from its ...

Shell Canada Products, a subsidiary of Shell plc, has taken final investment decision (FID) to develop Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, ...

Anglo-Dutch supermajor Shell has set up a dedicated $1.4 billion fund to invest in “innovative companies” that are working towards accelerating the energy transition. Shell Ventures managing director ...

LONDON, Dec 4 (Reuters) - Shell (SHEL.L), opens new tab is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was ...

Shell PLC (NYSE:SHEL) disclosed its first energy transition update since its Powering Progress strategy launched in 2021. The oil giant stated that they have achieved more than 60% of the target to ...