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Shell plc

‘Excess profits’ of big firms have driven up inflation, report claims

by Merchant Moller
‘Excess profits’ of big firms have driven up inflation, report claims

LONDON — Major companies in the energy and food sectors amplified inflation in 2022 by passing on greater cost increases than needed to protect margins, according to a new report. …

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Oil and gas industry needs to let go of carbon capture as solution to climate change, IEA says

by Shen Ridenbaugh
Oil and gas industry needs to let go of carbon capture as solution to climate change, IEA says

The Gorgon liquefied natural gas (LNG) and carbon capture and storage (CCS) facility, operated by Chevron Corp., on Barrow Island, Australia, on Monday, July 24, 2023. Bloomberg | Bloomberg | …

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Why oil companies Shell and BP are building solar on farmland

by Shen Ridenbaugh
Why oil companies Shell and BP are building solar on farmland

At Elm Branch Solar Farm, about an hour south of Dallas, Texas, a flock of sheep grazes among a vast field of solar panels. The flock’s shepherd, Amanda Stoffels, watches …

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Shell will cut 200 jobs in clean energy division

by Shen Ridenbaugh
Shell will cut 200 jobs in clean energy division

An employee handles a pump at a hydrogen refueling point at a Royal Dutch Shell gas station in Berlin on Aug. 25, 2021. Krisztian Bocsi | Bloomberg | Getty Images …

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California sues Chevron, Exxon, oil giants on climate change deception

by Shen Ridenbaugh
California sues Chevron, Exxon, oil giants on climate change deception

The state of California on Friday filed one of the most significant cases against major oil companies for their role in perpetuating climate change. The 135-page legal complaint, filed through …

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How gas station economics will change in the EV charging future

by Shen Ridenbaugh
How gas station economics will change in the EV charging future

As electric vehicles proliferate, some gas stations are making expensive overhauls to add EV charging stations.  In most cases, they aren’t scrapping traditional liquid fuel pumps. But select locations, including …

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Big Oil Using TikTok To Convince Young People They’re Good

by Nevil Nickel
Big Oil Using TikTok To Convince Young People They’re Good

Big Oil is trying to woo young people via TikTok and Instagram in an effort to change the public’s perception of their role in climate change. Oil companies such as …

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