Shell expects to face £1bn bill over emissions certificates for a single quarter

1 week ago

The most outrageous energy bills revealed: One customer was sent TWO demands for £8,000... another feared losing his home. Now SALLY SORTS IT reveals how you can fight back

In April 2024, EDF Energy said I owed it £8,000 just for my gas. Last April, it belatedly got your meter correctly 'commissioned' – that is, assigned to EDF under your address and name when you moved in – but its mistake was to then take the readings as if starting from zero, ignoring the previous owner's usage with another …

British Gas Her Son Firm Email Sent Bill

1 week, 1 day ago

‘Drill, baby, drill’ is the new mantra of Big Oil – and now it’s coming after EVs

The Independent

Have you ever gone back over your new year’s resolutions from years ago and just thought, “What was I thinking?” Over the last year, it seems that Europe’s biggest oil corporations did just that. Suppliers are planning to flood the market seemingly right up until the sea level rise literally inundates many of the world’s major oil ports Similarly, Shell …

Oil Companies Electric Vehicles Company Cent Big Shell

4 weeks ago

Energy chief Granholm warns against 'unfettered exports' of liquefied natural gas

NPR

Energy chief Granholm warns against 'unfettered exports' of liquefied natural gas toggle caption Rafiq Maqbool/AP WASHINGTON — The United States should proceed cautiously as officials consider new natural gas export terminals, Energy Secretary Jennifer Granholm said Tuesday, warning the incoming Trump administration that "unfettered exports" of liquefied natural gas, or LNG, could drive up domestic prices and increase planet-warming greenhouse …

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Energy chief Granholm warns against 'unfettered exports' of liquefied natural gas

The Independent

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The United States should …

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4 weeks ago

Energy chief Granholm warns against ‘unfettered exports’ of liquefied natural gas

Associated Press

WASHINGTON — The United States should proceed cautiously as officials consider new natural gas export terminals, Energy Secretary Jennifer Granholm said Tuesday, warning the incoming Trump administration that “unfettered exports” of liquefied natural gas, or LNG, could drive up domestic prices and increase planet-warming greenhouse gas emissions. “Unfettered exports of LNG would increase wholesale domestic natural gas prices by over …

Energy Trump Gas Projects Biden Study Natural

1 month ago

Oman Will Seek Talks With BP, Shell to Secure Latest LNG Project

Live Mint

-- The future of Oman’s next liquefied natural gas production facility hinges on private investments from some of the world’s biggest energy companies. To gauge interest, the Ministry of Energy and Minerals will open discussions with companies that produce gas in Oman, including BP Plc, Shell Plc and TotalEnergies SE in the first quarter of next year, Energy Minister Salim …

Gas Lng Oman

1 month, 1 week ago

US LNG exports to Europe surge in November on higher prices

Live Mint

* Most exported to Europe at higher prices * Production could go even higher in December * UK was major player in the market By Curtis Williams HOUSTON, - U.S. LNG exports to Europe surged in November as the world's largest producer of the superchilled gas sent more cargoes to the continent and fewer to Asia and Latin America, according …

Exports Lng Total Higher Gas Prices Lng Exports Lseg

2 months ago

Shell wins appeal against landmark climate ruling to cut emissions

The Independent

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. In the original 2021 ruling, hailed as “a monumental victory” for activists, Shell was ordered to cut its carbon …

Climate Court Emissions Cent Carbon Ruling Reduce

2 months ago

Cause and Effect | COP29 opens with divisions over Europe’s carbon border tax and climate financing

Hindustan Times

The UN Conference of Parties Summit began in Baku, Azerbaijan on Monday, the second year in a row that an oil-producing nation has held the presidency. From the EU’s perspective, the mechanism was aimed at “levelling the playing field” for its firms that operate under the EU’s Emissions Trading System and pay a domestic carbon price to cushion them from …

Global Trade Climate Developing Countries Countries Unctad Carbon

Shell wins appeal in landmark greenhouse gas climate case

Dutch News

An appeals court in The Hague has sided with oil giant Shell, overturning a landmark climate change decision that would have forced the company to drastically cut its greenhouse gas emissions. “It can be said that any reduction in greenhouse gas emissions has a positive effect on combating climate change. “Our target to become a net-zero emissions energy business by …

Climate Change Emissions Shell Milieudefensie

Dutch appeals court overturns landmark climate ruling against Shell

Associated Press

THE HAGUE, Netherlands — A Dutch appeals court on Tuesday overturned a landmark ruling that ordered energy company Shell to cut its carbon emissions by net 45% by 2030 compared to 2019 levels, while saying that “protection against dangerous climate change is a human right.” The decision was a defeat for the Dutch arm of Friends of the Earth and …

Climate Change Dutch Change Climate Netherlands Court Emissions

2 months ago

Shell can continue to pollute, Dutch court rules

CNN

London CNN — Shell is not obliged to dramatically reduce its planet-heating pollution by 2030, a Dutch appeals court ruled Tuesday, delivering a blow to efforts by environmental activists to push energy companies away from fossil fuels. “We are pleased with the court’s decision, which we believe is the right one for the global energy transition, the Netherlands and our …

Energy Climate Change Climate Netherlands Gas Emissions Ruling

2 months ago

Oil giant Shell wins appeal on landmark emissions ruling the Netherlands

Al Jazeera

A Dutch court has sided with Shell on its appeal against an earlier ruling that it was obligated to drastically reduce greenhouse gas emissions to help prevent climate change. An appeals court in The Hague on Tuesday dismissed the ruling, saying the oil and gas company is on its way to meeting emission targets that it has set for itself, …

Climate Change Climate Court Gas Greenhouse Gas Emissions Emissions Ruling

2 months, 1 week ago

Biden Rushing Study That Threatens to Slow Trump’s LNG Plans

Live Mint

The Biden administration is racing to complete a study that could complicate President-Elect Donald Trump’s plan to immediately approve new liquefied natural gas export terminals, according to people familiar with the matter. “If Trump wants to say ‘Yes’ on day one, and there is a study that says ‘Yes’ isn’t in the public interest, then those approvals might be targets …

Energy Trump Biden Export Study Lng Plans

2 months, 1 week ago

Sinopec signs deal for 30m tons of LNG

China Daily

The logo of China Petroleum and Chemical Corp. China Petroleum and Chemical Corp has signed a 15-year deal with TotalEnergies for 2 million metric tons of liquefied natural gas annually from 2028, which is expected to further bolster TotalEnergies' foothold in China's energy market and advance the country's clean energy goals, industry experts said. An analyst said the sales agreement …

Energy China Gas Natural Gas Agreement Lng This Agreement

2 months, 2 weeks ago

Shell demands 'certainty' on Labour's oil policy after Reeves hikes windfall tax to 38%

Daily Mail

Shell is calling for ‘certainty’ on Labour’s oil and gas policy after Rachel Reeves launched a tax raid on the sector. The energy giant said it would lobby the Government for ‘alternative fiscal regimes’ after the Chancellor raised the windfall tax on North Sea oil and gas producers from 35 per cent to 38 per cent. Plea: Shell said it …

Tax Oil Reeves Shell North Sea Windfall Tax

3 months ago

Call for £1.9bn a year to help oil and gas workers move into clean energy

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. For too long, industry bosses have pocketed record profits …

Clean Energy Industry Oil Jobs Gas Workers Union

3 months ago

Labour has been sucked in by the carbon capture ‘con’

The Independent

Labour’s decision to spend £22bn on carbon capture and storage is the first major misstep from a government many of us in the global South had hoped would bring climate action and credibility to the world stage. Carbon capture and storage – in which carbon emissions from coal, oil and gas plants are captured and buried underground for eternity – …

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3 months, 1 week ago

£22bn carbon capture pledge can ‘relight fires of renewal’, says Starmer

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sir Keir Starmer said he …

Energy Jobs Storage Carbon Starmer Good Sir Keir

4 months, 2 weeks ago

Harris and Trump offer starkly different visions on climate change and energy

Associated Press

WASHINGTON — As the Earth sizzled through a summer with four of the hottest days ever measured, Vice President Kamala Harris and former President Donald Trump have starkly different visions on how to address a changing climate while ensuring a reliable energy supply. During her acceptance speech at the Democratic National Convention, Harris briefly mentioned climate change as she outlined …

Climate Change China Change Clean Energy Climate Oil Trump

5 months, 1 week ago

The journey of American LNG, from the Gulf Coast to Germany and Japan : Up First from NPR : NPR

NPR

The Sunday Story: The Promise of America's Natural Gas Enlarge this image Halle Parker for WWNO Halle Parker for WWNO The U.S. is the largest exporter of natural gas in the world. In today's episode of The Sunday Story, WWNO reporters Halle Parker and Carlyle Calhoun talk about the impact of the LNG export industry on Louisiana's Gulf Coast. To …

Lng Npr Gulf Coast Wwno Halle Parker

6 months, 2 weeks ago

Panel’s approval of liquefied natural gas export terminal puts more pressure on Biden to block it

Associated Press

NEW ORLEANS — What would be the nation’s largest export terminal for liquefied natural gas won approval from a federal commission Thursday, although when the Louisiana project will be completed remains unclear in light of a Biden administration delay announced this year on such projects. The DOE issued a statement saying the project’s application at the department “remains pending.” “The …

Energy Environmental Gas Project Biden Lng Export

6 months, 4 weeks ago

Labour’s claims it will cut energy bills by £300 are ‘false’, insist Tories

The Telegraph

Claire Coutinho has accused Labour of misleading voters over claims its green energy plans will slash household bills by £300 a year. The criticism comes after Ed Miliband, the shadow energy secretary, claimed that a massive expansion of wind, solar and nuclear power will cut consumer bills by an average of £300 a year by 2030. However, Ms Coutinho pointed …

Energy Labour Bills Claim Energy Bills False Insist

7 months, 3 weeks ago

Ofgem reveals price cap falls as Britons to pay less for energy bills from July

The Independent

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Ofgem’s energy price cap will fall by 7 per cent …

Energy Price Cost Email Cap Energy Prices Ofgem

9 months, 1 week ago

U.S. Is The World's Top LNG Exporter

Huff Post

LOADING ERROR LOADING The United States sold more liquefied natural gas on the global market than any other country in 2023, surpassing yet another milestone in the nation’s transformation into a fossil fuel superpower. On average each day, almost 12 billion cubic feet were superchilled to nearly 300 degrees Fahrenheit below zero, shrinking the fuel to one-600th of its gaseous …

Europe Russia Gas Fuel Billion Lng Eia

9 months, 2 weeks ago

British energy production plunges to record low

The Telegraph

Ross Dornan, author of the report, warned that plummeting oil and gas output was directly linked to the Government’s decision to impose windfall taxes on offshore operators’ profits – prompting many to cut new investments. “Oil and gas investments have become a lot less profitable and competitive as commodity prices have fallen but not project costs and tax rates.” The …

Energy Oil Labour Gas Windfall Tax

9 months, 3 weeks ago

Pressure builds for charge on global shipping sector's CO2 emissions

The Hindu

The European Union, Canada, Japan and climate-vulnerable Pacific Island states are among 47 countries rallying support for a charge on the international shipping sector’s greenhouse gas emissions, documents reviewed by Reuters showed. While countries agreed in talks last week to continue negotiations on the emissions price, an official meeting summary noted they were “split on several issues” regarding the idea. …

China Shipping Developing Countries Emissions Brazil Countries Carbon

10 months ago

Methane emissions from energy industry are triple what government thinks, study finds

LA Times

A flare burns at a well pad in North Dakota. American oil and natural gas wells, pipelines and compressors are spewing three times the amount of the potent heat-trapping gas methane as the government thinks, a new comprehensive study calculates. “If we can get this roughly 1% of sites under control, then we’re halfway there because that’s about half of …

Energy Oil Gas Emissions Methane Dubai Iea

10 months, 1 week ago

Shell trying to dodge blame for natural disaster by withdrawing from Nigeria: SOMO

NL Times

Shell should not be allowed to withdraw from Nigeria until a solution is found for the environmental damage that the oil and gas company has inflicted there, according to the Centre for Research on Multinational Corporations. It was announced last month that Shell wants to sell its subsidiary company, Shell Petroleum Development Company, to a consortium of mainly local businesses …

Nigeria Somo Researchers Shell

10 months, 2 weeks ago

Activists urge Nigeria to delay Shell’s $2.4 billion sale of assets in deeply polluted Niger Delta

Associated Press

ABUJA, Nigeria — Local activists and international environmental groups want Nigeria’s government to delay approving the sale of oil company Shell’s onshore assets, claiming Shell is trying to shirk its environmental and social responsibilities in the highly polluted Niger Delta. Shell says the $2.4 billion divestment deal is part of a “wider reconfiguration of the Nigerian oil and gas sector.” …

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10 months, 2 weeks ago

Activists urge Nigeria to delay Shell's sale of assets in polluted region over environmental worries

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Local activists and international environmental …

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10 months, 2 weeks ago

EU carbon border tax will do little to cut emissions: ADB study

The Hindu

A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead to big reductions in greenhouse gas emissions, the Asian Development Bank said in a report published on Monday. The Carbon Border Adjustment Mechanism was introduced to address concerns that the outsourcing of manufacturing had put large parts of the …

India Europe Asia Carbon Adb Ets Cbam

10 months, 3 weeks ago

Energy companies rake in £1bn a week as British families struggle in cost of living crisis

The Independent

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Energy companies raked in “eye-watering” profits of more than £1bn …

Energy Oil Independent British Gas Companies Prices

11 months, 1 week ago

UK’s biggest gas supplier accused of ‘ripping off’ Britons as it announces £28bn profit

The Independent

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s biggest gas supplier has been accused of “ripping …

Energy Oil Gas Equinor Rosebank

11 months, 1 week ago

Shell profits plunge last year from a record high as oil and natural gas prices drop

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Oil Email Shell

11 months, 1 week ago

Shell profits plunge last year from a record high as oil and natural gas prices drop

Associated Press

LONDON — Oil giant Shell saw profits tumble by nearly a third in 2023 as a result of lower oil and natural gas prices, which had surged the year before in the wake of Russia’s invasion of Ukraine. Shell CEO Wael Sawan said the company had “made good progress” over the year and that it would focus on “more value …

London Oil Shell

11 months, 2 weeks ago

Shell annual profits fall on lower oil prices after record 2022

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The oil giant reported adjusted earnings, including taxes, of …

Oil Oil Prices Billion Group Shell Dollars Less Emissions

11 months, 2 weeks ago

Petrol and diesel prices ‘must rise to pay for net zero’

The Telegraph

Stanlow is based close to Ellesmere Port, Cheshire, and serves Liverpool, Manchester and other major urban centres in the North West and southern Scotland. An extra pence added to fuel would generate a big dividend for EET, which processes about 9m tonnes of crude oil per year and produces 4.8bn litres of diesel, 3bn litres of petrol and 2bn litres …

Fuel Eet

11 months, 2 weeks ago

Liquefied Natural Gas: What to know about LNG and Biden’s decision to delay gas export proposals

Associated Press

WASHINGTON — The Biden administration said Friday it is delaying consideration of new natural gas export terminals i n the United States, even as gas shipments to Europe and Asia have soared since Russia’s invasion of Ukraine. Current methods the Energy Department uses to evaluate LNG projects don’t adequately account for potential cost hikes for American consumers and manufacturers or …

Energy Europe Russia Climate Oil Gas Natural Gas

11 months, 2 weeks ago

Liquified Natural Gas: What to know about LNG and Biden's decision

The Independent

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Current methods the Energy Department uses to evaluate …

Energy Europe Russia Climate Oil Gas Natural Gas

11 months, 3 weeks ago

Houthi attacks won’t threaten global natural-gas security

Live Mint

Winter is warmer than usual in Northeast Asia and the Chinese economy is cooler. Asian LNG prices have fallen over 40% to $9.41 per million British thermal units in the past two months, according to Refinitiv. Apart from the mild winter and high LNG inventories, demand for LNG in 2024 will probably be limited by competition from Russian piped gas …

Europe China Russia Japan Asia South Korea Gas

11 months, 3 weeks ago

Qatar likely to sign long-term LNG deal with India: Report

India Today

Qatar Energy could sign a long-term liquefied natural gas deal with Indian buyers, news agency Reuters reported. Extending contracts set to conclude in 2028, the agreement would provide 8.5 million metric tons per year of LNG to Indian buyers. This move aligns with Indian Prime Minister Narendra Modi's ambitious target to elevate the share of natural gas in the nation's …

India Indian Lng Qatar Indian Buyers

11 months, 4 weeks ago

Record 27 investors back call for Shell to align emissions target with Paris

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A record number of global …

Energy Climate Oil Resolution Shareholders Company Emissions

1 year ago

Shell loses £3.5bn as it seeks to quit Singapore but gas earnings soar

Daily Mail

Shell will take a hit of up to £3.5billion on its business in Singapore but said earnings from gas trading soared in the fourth quarter. In an update yesterday, it said it was facing writedowns of £2billion to £3.5billion for the final three months of 2023, mainly related to a refinery and ethylene plant on Singapore's Bukom and Jurong islands. …

Singapore Shell Gas Trading

1 year ago

LNG pipelines and city gas supply to see capex of up to 15k crore for 3 years

Deccan Chronicle

Chennai: The pipeline transmission of liquified natural gas and the City Gas Distribution segment is expected to pump in Rs 10-15,000 crore per annum over the next three years. Natural gas demand grew 14 per cent YoY in the seven months of FY2024 supported by softening liquefied natural gas prices and the uptick in domestic gas production. Strong off-take by …

Natural Cgd Gas Lng

1 year ago

UK hailed as ‘world leader in tackling climate change’ as first G20 nation to halve carbon emissions

The Telegraph

Ms Coutinho shared an analysis of the data in a blog post from The Spectator magazine which first highlighted the figures. “That’s why it’s so important we make sure we’re not burdening hard-working families, but bringing them with us as we continue on our transition to net zero.” According to the data, the UK first reached the milestone of halving …

Emissions Million Carbon Emissions Tons

1 year ago

Dutch bank ING says it is accelerating its shift away from funding fossil fuels after COP28 deal

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Dutch bank ING announced Wednesday …

Dutch Fossil Fuels Ing Fossil

1 year, 1 month ago

Communities on US LNG front line ask Biden to reject export terminal

Al Jazeera

Travis Dardar, a fisherman and member of the Isle de Jean Charles Tribal Community off the coast of Louisiana, has twice been displaced by fossil fuels. He resettled in Cameron Parish, a Louisiana coastal community where he could make a living working in one of America’s largest fishing industries, but he was displaced again in August by the construction of …

Energy Climate Change Climate Oil Gas Biden Department

Shell expects to face £1bn bill over emissions certificates for a single quarter

History of this topic

Shell boss paid £8m in 2023 as oil and gas giant waters down climate pledge

Shell profits hit record $11.5bn doubling in one year amid soaring energy prices

Shell takes $22bn coronavirus hit as oil giant slashes the value of fossil fuel assets

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