Oil giant Shell has just posted record profits for a second consecutive quarter, smashing its previous record from earlier this year.
Shell
Shell AGM: Company accused of “hot air” and “causing extreme harms” on climate
Today is Shell’s AGM, where the company will try and spin to its shareholders and the wider public that it is leading the climate fight and race to net zero. But its all a climate charade. Its all a lie.
Updated analysis reveals oil industry climate plans are grossly insufficient to achieve Paris Climate Goals
The report finds the oil and gas majors are involved in over 200 expansion projects on track for approval from 2022 through 2025. If they go forward, these companies’ investments could create an additional 8.6 billion tonnes (Gt) of carbon pollution – equivalent to the lifetime emissions of 77 new coal power plants.
Big Oil Reality Check — Updated Assessment of Oil and Gas Company Climate Plans
Despite an array of new ‘net zero’ pledges released in the past two years, the climate promises of major U.S. and European oil and gas companies still fail to meet the bare minimum for alignment with the Paris Agreement, according to a new study.
European and U.S. Energy Companies are Responsible for Nearly USD 100 Billion to Putin’s War Chest Since Crimea Invasion
New analysis finds that revenues from oil and gas projects backed by European and U.S. companies have fueled Vladimir Putin’s regime to the tune of nearly USD 100 billion since 2014.
BP, Shell, and Exxon among top Western energy companies responsible for almost $100bn going to Russian Government since 2014 Crimea invasion
Just eight of the world’s biggest energy companies helped enrich Vladimir Putin’s war chest to the tune of $95.4 billion (USD) in the seven years after Russia annexed Crimea.
The fight to hold Shell accountable for complicity in murder & pollution in Nigeria continues
In 2017, Esther Kiobel and three other widows of the Ogoni 9, brought a new legal case against Shell in the Netherlands for complicity in murdering their husbands. And today was judgement day in the Hague. A day for hope. A day of dreams. However, those dreams were to be shattered. But this is not the end of the fight.
How Big Oil courted and emboldened Putin for decades
For decades Big Oil courted Putin and helped him exploit Russia’s vast reserves. Big Oil poured billions into Russia’s war chest with devastating consequences.
It is time to break free of Africa’s dirty “fossil fuel trap”
Two prominent African environmentalists are pushing back against those advocating for more fossil fuel drilling on the continent. They argue that “far from generating prosperity and stability in sub-Saharan Africa, investments in fossil fuels cause real harm,” noting “Decades of fossil fuel development have failed to deliver energy to much of the continent” and “have deepened inequality, caused environmental damage, stoked corruption, and encouraged political repression.”
In latest setback, Shell suspends seismic activity in South Africa after court ruling
In the latest setback for the oil giant, Shell has had to terminate the contract for the seismic ship that was due to undertake highly controversail exploration off South Africa’s wild coast, after a court ruled at the end of December that Shell had not adequately consulted the local community.