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
When It Comes to Technological Innovation, Trust the Process
The axiom is especially true in technological innovation, according to Features Editor Michael Freeze.
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.
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
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
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
Shell Apologizes, Says It Won’t Buy Russian Oil
LONDON — 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
Shell to Pull Out of Energy Investments in Russia
LONDON — Global oil and gas giant Shell said Feb. 28 that it is pulling out of Russia as President Vladimir Putin’s invasion of Ukraine continues to cost the country’s all-important energy industry foreign investment and expertise.February 28, 2022
Shell Drops ‘Royal Dutch’ From Name After Relocation
Shell Plc has dropped “Royal Dutch” from its name, part of a major overhaul of its legal and tax structure announced in December.
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.