Shell News Updates

BusinessFuel

Shell Plans to Divest 1,000 Retail Sites

Shell Plc plans to divest 500 retail sites annually over the next two years, responding to a growing demand for electric vehicle chargers.

March 18, 2024
BusinessFuel

Shell Gas EVP Steve Hill to Leave the Company

Shell Plc industry veteran Steve Hill has decided to step down, the company said March 11.

March 11, 2024
BusinessTechnologyEquipmentFuel

Shell Starship 3.0 Demo Runs Produce Lower Emissions

Shell announced the results from demonstration runs of its Shell Starship 3.0 truck that included a reduction of energy usage and carbon emissions.

October 11, 2023
BusinessFuel

Shell Earnings Top $5 Billion in Q2

LONDON — Shell reported July 27 that it earned nearly $5.1 billion in the second quarter, nearly half what the oil and natural gas giant pulled in during the first three months of the year.

July 27, 2023
BusinessFuel

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

LONDON — 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 — 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’ windfall earnings to help consumers struggling with the soaring cost of living.

May 5, 2022