Shell

British energy giant Shell sets new record of $40B annual profit

British company's record earnings is more than double from a year earlier, intensifying pressure on governments to further raise taxes on the sector as consumers struggle to afford fuel.

Saudi Aramco unveils record $48.39B profit in Q2, beats expectations

Net income leapt 90 percent year-on-year for the world's biggest oil producer, which clocked its second straight quarterly record after announcing $39.5 billion for Q1.

Nigerian Ogoni 9 widows lose case against Shell in Netherlands

A court concludes that the oil giant wasn't involved in execution and corrupting the witnesses in the trial of the Ogoni 9, a group that was opposing the group's exploitation of oil resources.

From Apple to Shell – here are all the big companies pulling out of Russia

The list of global companies cutting ties with Russia continues to grow as sanctions against Moscow rack up over its attacks on Ukraine.

South Africa court halts Shell seismic survey plan

Environmentalists hailed the court's decision to suspend the scheme, which entails using seismic shockwaves that bounce off the sea bed, but stressed that relief was only temporary.

Dutch court orders Shell to cut carbon emissions by 45% in landmark case

Dutch court orders Royal Dutch Shell to significantly deepen its planned greenhouse gas emission cuts in a ruling that could pave the way for legal action that forces energy firms to change strategy in the face of climate crisis.

Dutch court orders Shell Nigeria to compensate farmers over oil spills

In another case, Hague Court of Appeal ruled Netherlands-based parent company Royal Dutch Shell and its Nigerian subsidiary must build a leak-detection system to a pipeline that caused spills.

Landmark case sees climate groups take on Shell

Royal Dutch Shell to face Dutch court in a case brought by environmentalist and human rights groups who demand the energy firm cut its reliance on fossil fuels.

Coronavirus universally hits energy investments

Major oil companies, such as Exxonmobil and Saudi Aramco, have slashed investments on new projects.

WHO says joint China mission to start coronavirus investigations

The mission will also seek more details on how, where and when at least 1,700 health workers infected so far contracted the new virus, WHO officials said.

Ex-minister detained over oil scandal after Nigeria return

Mohammed Adoke, who also held the post of attorney general, was one of several high-profile ex-officials wanted over a graft case centred on a $1.3 billion oil deal involving international oil giants Eni and Shell.

Trading carbon credits from nature sparks fiery debate at UN talks

Officials at this year's UN climate talks are hoping to achieve a breakthrough in long-running efforts to agree on rules for a global carbon trading system.