Latest News for: Shell companies


13,000 People From the Niger Delta Just Sued Shell for Years of Oil Spills

The Intercept 02 Feb 2023
parent company, was legally responsible for the pollution caused by its Nigerian subsidiary, Shell Petroleum Development Company, and that the case would proceed in the English courts. The following November, Shell filings claimed the company had no legal responsibility to deal with the consequences of spills.

Samsung unveils Galaxy S23 lineup with powerhouse camera

Elko Daily Free Press 02 Feb 2023
The launch comes at as Samsung and other tech companies confront broader economic uncertainty that could push consumers to rethink their spending ... While the company is keeping prices the same as the prior year, it nonetheless must convince customers to shell out as much as four figures for its new phone lineup in a tough market ... Discovery Company.

Rich Russians’ art-buying is target of U.S. crackdown on trade-sanction cheats

Stars and Stripes 02 Feb 2023
The records requested of auction houses include any previous dealings with the men, according to the person, who didn't disclose all the companies that were served subpoenas ... Using a shell company, Deripaska purchased 18 pieces of art at a New York auction in 2008, a decade before he was sanctioned, according to an indictment.

Shell accused of greenwashing by climate group in claim to SEC

Union Leader 01 Feb 2023
The greenwashing allegation, which Shell denies, adds to efforts to heap pressure on some of the world's biggest polluting companies as regulators take an increasing interest in climate change ... "Shell is confident that its financial disclosures are fully compliant with all SEC and ...

Activist group accuses Shell of misleading investors on renewables

Reuters 01 Feb 2023
Like other leading European energy companies, Shell is aiming for rapid expansion of its low-carbon and renewables business as part of efforts to reduce greenhouse gas emissions over the coming decades ... Shell accelerated its investments in renewables in 2022 with the $1.55 billion ...

Houlder completes liquid hydrogen vessel design and related studies for Shell

Tanker Operator 01 Feb 2023
Design and engineering consultancy, Houlder, has recently completed a major design project for Shell International Trading and Shipping Company Limited (“Shell”) ... Houlder collaborated with Shell on the statement of requirements, ensuring that both parties were aligned on vessel specifications.

Ukraine shells Druzhba oil pipeline, minor damaged caused

Pravda 01 Feb 2023
The Druzhba oil pipeline in the Bryansk region of Russia is operating normally after it was shelled by the ...

Directorate Change

MENA FN 01 Feb 2023
(MENAFN - GlobeNewsWire - Nasdaq) SHELL PLC BOARD AND COMMITTEE CHANGES February 1, 2023 DIRECTOR CHANGES Shell plc (the– Company –) announces the following Board and Committee changes ... .

Man sentenced in $1.1M fraud against Grand Traverse Band

Traverse City Record-Eagle 01 Feb 2023
Distributors was a shell company created and controlled by Dunican and Groom, the release stated. The tribe invested nearly $1 million dollars — Dunican directed other individuals to send most of the tribe’s investment to another shell company, Evergreen Distributors LLC, before ...

Billionaire Gautam Adani's Empire Makes a Shocking U-Turn

The Post and Courier 01 Feb 2023
It was foreign institutional investors like Abu Dhabi Conglomerate International Holding that saved the company from a huge setback ... The investment firm claims that the conglomerate has used shell companies in tax havens to boost its revenue and manipulate the stock prices of its various entities.

TC Energy raises Coastal GasLink pipeline costs by 30% to over $10 bln

Reuters 01 Feb 2023
Companies ... Shell PLCFollow ... First announced in 2018, the 670-km (416-mile) pipeline will transport natural gas to the Shell Plc-led (SHEL.L) LNG Canada facility on the west coast of British Columbia, Canada's first LNG export terminal.

BUSINESS LIVE: GSK sales boosted by shingles drug; Entain lifts profit forecast; Vodafone flags European ...

The Daily Mail 01 Feb 2023
The New York-based hedge fund – run by Israeli former special forces paratrooper Gabriel Grego – even accused the London-listed company of doing business with 'shell companies in offshore jurisdictions manned by individuals with ties to organised crime, money-laundering and fraud'.

BUSINESS LIVE: GSK beats expectations; Entain lifts profit forecast

This is Money 01 Feb 2023
The New York-based hedge fund – run by Israeli former special forces paratrooper Gabriel Grego – even accused the London-listed company of doing business with 'shell companies in offshore jurisdictions manned by individuals with ties to organised crime, money-laundering and fraud'.

Adani scraps $2.5B share sale after fraud claims hit stock

The Nashville Ledger 01 Feb 2023
Stock in six of Adani's other listed companies also sunk between 2% and 19% ... Most of the allegations involved concerns about the group's debt levels, activities of top executives, use of offshore shell companies to artificially boost share prices and past investigations into fraud ... The market value of his companies has soared in recent years.

YOUR VIEW: Recycle right

Montrose Press 01 Feb 2023
Recycle right ... The oil companies are making sure that we are addicted to single-use plastics. Shell Oil has recently built a huge facility for the express purpose of making plastics! I would think they would do research and development for biodegradable and compostable single use plastics, knowing someday we have got to go that route ... .

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In this handout photo taken from video released by Russian Defense Ministry Press Service on Wednesday, Oct. 26, 2022, a Sineva intercontinental ballistic missile is test-fired as part of Russia's nuclear drills by a Russian nuclear submarine from the Barents Sea.
AP / Russian Defense Ministry Press Service
Boris Johnson, Secretary of State for Foreign and Commonwealth Affairs, Foreign & Commonwealth Office, united Kingdom
Creative Commons / Annika Haas/EU2017EE