'This is the stark reality of climate injustice': Record Shell profits attract scathing criticism from green groups

Michael Holder
clock • 4 min read
Greenpeace activists targeted Shell's London headquarters this morning | Credit: David Mirzoeff / Greenpeace UK
Image:

Greenpeace activists targeted Shell's London headquarters this morning | Credit: David Mirzoeff / Greenpeace UK

Oil and gas giant slammed over failure to investment more in clean energy after record profits saw it hike dividends and announce share buyback scheme

Shell has posted the biggest annual profits in the oil and gas giant's 115-year history, this morning revealing it made almost $40bn last year after global oil and gas prices soared following Russia's...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Global Briefing: Trump eyes yet more cuts to US climate tech projects

Global Briefing: Trump eyes yet more cuts to US climate tech projects

Plus: Ørsted to slash 2,000 jobs, Mars invests in 100 Polish solar projects, and Octopus Energy joins €200bn European industry decarbonisation drive

Michael Holder
clock 10 October 2025 • 8 min read
NESO attributes strongest winter electricity margins since Covid pandemic to clean energy growth

NESO attributes strongest winter electricity margins since Covid pandemic to clean energy growth

Winter Outlook predicts electricity buffer equivalent to 10 per cent of average peak demand, but warns of potentially 'tight' periods

Stuart Stone
clock 09 October 2025 • 4 min read
Study: Trump's war on renewables will have only 'marginal impact' on global energy transition

Study: Trump's war on renewables will have only 'marginal impact' on global energy transition

Energy Transition Outlook from DNV warns White House will delay US emissions reductions, but global shift to clean energy will continue to accelerate

James Murray
clock 07 October 2025 • 3 min read