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The Latest Breaking News from Shell

Oil Prices Crash: Brent Crude Drops Below $100 As Trump Teases 'Bombshell' Iran Peace Deal

Brent crude briefly slipped below $100 a barrel after Donald Trump claimed a 'bombshell' peace deal with Iran was within reach and Tehran signalled limited safe passage through the Strait of Hormuz.

International Business Times UK

Europe could face fuel shortage by April as Iran throttles supplies, says Shell boss

Wael Sawan warns of pressure on diesel and petrol if strait of Hormuz does not reopen to oil and gas shipping

The Guardian - UK

Europe facing energy shortages by next month as Strait of Hormuz chaos deepens, warns Shell boss

UK drivers have already paid an extra £307m for petrol and diesel since the war in Iran began

The Independent UK

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Oil majors boost FTSE 100 amid war uncertainty

The FTSE 100 index closed up 71.01 points on Tuesday.

Evening Standard

One prediction isn't enough — Why CEOs are shifting to wartime planning

As geopolitical risk mounts, mission-critical scenario planning involves rehearsing several plausible futures at once.

Fortune

Thai court holds gold mine operator liable for toxic runoff in a decade-old environmental case

A Thai court on Tuesday found a major gold mine operator liable for pollution that has harmed nearby villagers, in a ruling that could influence future environmental lawsuits

The Independent UK

AI will tell you Australia’s fuel reserve is in the US. But is that even true?

Australia does not have a government-backed stockpile, experts say, and even if we did still store oil in the US, it would not be much

The Guardian - AU

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'Climate gaslighting': How fossil fuel giants have quietly abandoned their net zero pledges

A new analysis warns that some of the world’s biggest fossil fuel companies have entered a ‘gaslighting’ phase to bolster their profits.

Euronews

For CEOs, it’s time for a wartime mindset

The Iran war may end, but global instability is here to stay. Business leaders who plan for volatility will have the edge.

Fortune

Stocks close down as oil rises and gold retreats

The FTSE 100 index closed down 241.79 points, 2.4%, at 10,063.50.

Evening Standard

BP to sell German oil refinery as part of $20bn cost-cutting plan

Energy company plans full return to London by moving global HQ to new development on South Bank

The Guardian - UK

Cypriot president demands talks with UK over military bases – branding them ‘colonial consequences’

It comes after RAF Akrotiri was hit by an unmanned drone strike at the start of the Iran war, raising concerns that the bases could be a threat to the island’s security

The Independent UK

Gas prices soar as Shell plant damaged in attack on Qatar energy site

British energy giant Shell said the attack caused damage to a facility that is important to the firm.

Evening Standard

Oil and gas prices jump after Iran and Israel attack gasfields

State-run QatarEnergy says Iranian attack on its facilities has wiped out 17% of its LNG capacity for up to five years

The Guardian - UK

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The Guardian - AU

‘It’s not panic-buying’: farmers defend stockpiling as regional Australia bears brunt of fuel crisis

Independent retailers are struggling to get fuel from the majors and say farmers have only responded to soaring prices and lack of availability

The Conversation

Mining companies and land rights in South Africa: how environmentalists have used the law to defend communities

Environmental activists in South Africa have been waging legal battles against the state and mining companies for years. This is often on the grounds that communities haven’t been consulted before mines were given permission to start digging and blasting on their land. Environmental justice researcher Mzingaye Brilliant Xaba has tracked…

The Guardian - UK

Oil company shares soar to all-time highs as Middle East war turbocharges price per barrel

Energy supply shock from US-Israeli attack on Iran fuels record valuations for Shell, ExxonMobil and Chevron

The Guardian - UK

‘You’ve got to be able to laugh at yourself’: Jamie Oliver stars in video for CMAT’s The Jamie Oliver Petrol Station

The TV chef wondered what he’d done to prompt CMAT’s indie epic about losing the plot at the sight of his face – but once he got her ‘tragicomedy of misdirected anger’, he was ‘100% in’ to drum in the video

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Motorsport

Lewis Hamilton left baffled by surprise Richard Hammond message ahead of Chinese GP

Lewis Hamilton was left amused but surprised after receiving an unexpected good luck message from Richard Hammond

International Business Times

Shell CEO Wael Sawan's Pay Jumps 60% to $18.4M Despite 22% Profit Slide — and He Seeks an Even Bigger Bonus Next Year

Why Shell's CEO Wael Sawan received a 60% pay increase in 2025 amid falling profits and workplace fatalities. Learn about the proposed pay hikes and their impact on shareholders and the energy market.

International Business Times UK

Shell CEO Wael Sawan's Pay Jumps 60% to £13.8M Despite 22% Profit Slide — and He Seeks an Even Bigger Bonus Next Year

The Guardian - UK

Shell CEO’s pay jumps 60% despite slump in profits at oil company

Campaigners say people unlikely to ‘look favourably’ on package for Wael Sawan, which rose to £13.8m in 2025

Tom’s Guide

Oil prices are spiking — here's how I used Google Maps to find cheap gas near me

With gas prices on the rise, here's a quick way to use Google Maps to save money filling your tank.

Evening Standard

Shell boss Wael Sawan sees pay jump almost 60% to £13.8m despite profit fall

He received £1.9 million in fixed salary, pension and benefits for the year, but saw this heavily eclipsed by around £11.8 million of bonuses.

Evening Standard

FTSE 100 falls as Iran war lifts inflation fears

The FTSE 100 index closed down 58.47 points, 0.6%, at 10,353.77.

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