Greenpeace has released a report taking aim at 12 European oil companies, which the charity says are only committing 7.3% of their total investments to the energy transition.
Shell has seen its profits plunge to $5.1 billion (£3.9 billion) in Q2 2023, just a year after experiencing profits of $11.5 billion (£8.9 billion) for the same period in 2022.
The Advertising Standards Authority (ASA) has upheld a complaint against advertising by fossil fuel giant Shell brought by the activist network Adfree Cities.
Industry leaders from Shell, the Crown Estate, Simply Blue, Arup and Siemens Energy discussed the ‘growing pains’ of offshore wind in a session at All Energy Glasgow this week.