Cut Fuel Duty Like Germany & Inflation Falls

Cut Fuel Duty Like Germany & Inflation Falls: The foul stench of pump price racketeering continues, following BP’s and Shell’s latest excessive & opportune profiteering “Rishi, Liz: MPs and the Nation want real action on reducing fuel supply chain profiteering to help cut the cost of living and reduce inflationary pressure. Petrol and diesel are…
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Energy crisis intensifies & bp’s profits increase

Energy crisis intensifies & bp’s profits increase bp‘s profits hit $8.45bn (£6.9bn), more than three times the quantity it made in the same period the previous year. Like peers, the company was able to capture the benefit of high energy prices translated into the 2nd highest number in the firm’s history. In its second quarter outcome…
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Home intrusion by SSE to install pre-paid meter

Home intrusion by SSE to install pre-paid meter An energy company has been slammed after allegedly trespassing into a home, installing new locks and equipping a pre-paid meter. Rachael Holgate and her partner, owners of the property, claimed that they were locked out of their home in Hull for 4 hours. It is known that…
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People may have to ration energy this winter

People may have to ration energy this winter Europe to expect a “really tough” winter amid rising energy costs. That’s the implication from Shell’s Chief Executive Ben van Beurden who spoke within the Aurora Spring Forum in Oxford. “We will all face very significant escalation in energy prices. In the worst case, Europe will need…
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Suppliers & charities meet to offer extra help for customers

Suppliers & charities meet to offer extra help for customers: Charities and consumer groups met up with energy suppliers to propose potential steps that could help households through the energy crisis. Agents from charities Citizens Advice, National Energy Action and StepChange as well as Martin Lewis of Money Saving Expert met with the CEOs of…
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Largest green hydrogen plant in EU to be built by Shell

Largest green hydrogen plant in EU to be built by Shell Shell has said its scheduled plans to construct what it claims will be EU’s biggest renewable hydrogen plant once functioning in 2025. The Holland Hydrogen I plant will hold a 200MW electrolyser and create 60,000kg of green hydrogen every day. Based in the port…
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Putin to take control of project owned partly by Shell

Putin to take control of project owned partly by Shell: Vladimir Putin has signed a decree that will possibly allow Russia to take hold of an energy project owned by Gazprom, Shell as well as other foreign entities. The decree hands over the rights of the project to a new Russian business. At present, Shell…
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Shell will be the new operative of deepwater development

Shell will be the new operative of deepwater development Equinor has agreed to sell its 51 percent activity in the North Platte deepwater development project in the US Gulf of Mexico to Shell. It will contain 49 percent of its stake in the project but Shell will be the new operative of the field. Both…
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Red paint sprayed on Treasury to protest against oil and gas plans

Red paint sprayed on treasury to protest against oil and gas plans The Treasury buildings have been sprayed by climate activists protesting against the government’s plans to give the go ahead to new oil and gas projects. The symbolic move is targeted at showing that the government is guilty, according to Just Stop Oil campaigners,…
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North sea oil and gas threatened by Windfall tax

North sea oil and gas threatened by Windfall tax The implementation of the new windfall tax creates uncertainty over future investment, Shell has stated. In its recent set of cost-of-living measures, the government included a windfall tax on energy firms that could possible increment around £5 billion. Energy companies will have to pay an extra…
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