Shell News Updates

BusinessFuel

Shell CEO to Step Down as Oil Giant Looks to Climate Goals

LONDON 鈥 Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge, the energy giant said Sept. 15, a change that comes as oil and natural gas companies are under pressure to shift away from fossil fuels .

September 15, 2022
TechnologyEquipment

When It Comes to Technological Innovation, Trust the Process

The axiom is especially true in technological innovation, according to Features Editor Michael Freeze.

July 22, 2022
BusinessFuel

Shell Sees $1 Billion Gain in Refining on Record Fuel Prices

Shell Plc said soaring margins from fuel production may have added more than $1 billion to the earnings of its refining business last quarter, when gasoline prices broke records in several countries.

July 7, 2022
BusinessTechnologyFuel

Penske, Shell to Bring EV Charging to Leasing Sites

Penske Truck Leasing and Shell Recharge Solutions North America announced a joint initiative to support light-duty electric vehicle charging at Penske locations.

May 16, 2022
GovernmentBusinessFuel

Shell Will Sell Russia Fuel Stations as Part of Exit Plan

Shell Plc is in talks to sell its fuel stations in Russia as it withdraws from the country in response to the invasion of Ukraine.

May 6, 2022
BusinessFuel

Shell Reports Record Q1 Earnings as Oil Prices Soar

LONDON 鈥 Energy giant Shell reported record first-quarter earnings after a surge in oil prices, fueling calls for the British government to impose a tax on energy companies鈥 windfall earnings to help consumers struggling with the soaring cost of living.

May 5, 2022
BusinessFuel

Shell Apologizes, Says It Won鈥檛 Buy Russian Oil

LONDON 鈥 Shell said March 8 that it will stop buying Russian oil after Ukrainian officials criticized the energy giant for buying a shipment of crude from Moscow and demanded that all multinational companies sever ties with Russia over the war.

March 8, 2022
GovernmentBusinessFuel

Shell to Pull Out of Energy Investments in Russia

LONDON 鈥 Global oil and gas giant Shell said Feb. 28 that it is pulling out of Russia as President Vladimir Putin鈥檚 invasion of Ukraine continues to cost the country鈥檚 all-important energy industry foreign investment and expertise.

February 28, 2022
BusinessFuel

Shell Drops 鈥楻oyal Dutch鈥 From Name After Relocation

Shell Plc has dropped 鈥淩oyal Dutch鈥 from its name, part of a major overhaul of its legal and tax structure announced in December.

January 21, 2022
BusinessTechnologyEquipmentFuel

Eaton, Shell Step Up EV Charging Infrastructure Efforts

Eaton Corp. and Shell Electric Mobility separately announced charging initiatives intended to accelerate the market for zero-emission electric trucks.

January 6, 2022

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