Dutch Court Overturns Landmark Ruling Against Shell on Emissions Reduction, Sparking Climate Debate In a major legal shift, the Dutch Court of Appeals overturned a groundbreaking 2021 ruling that had previously ordered oil and gas giant Shell to cut its carbon emissions by 45% by 2030, using 2019 as a baseline. While the court acknowledged […]
Without much forewarning, leaders have had to make strategic decisions which on one hand affect their immediate P&L and on the other will affect the long term corporate strategic direction. Pulling out of a market or identifying new business partners to guarantee supply and delivery normally require careful consideration and long decision-making times. Following the […]
Oil giant Shell has announced it will exit its joint ventures with Russian energy giant Gazprom, just a day after BP said it planned to divest its nearly 20% stake in the Russian oil company Rosneft. Shell’s decision will see the oil giant pull out of its 27.5% stake in Gazprom, its 50% stake in […]
Van Beurden’s 190,000 shares were sold at an average price of £20.40 per share, one day before they reached their highest level since January 2020 at £20.80. According to the company filing, the CEO’s sale totalled at £3.876 million. Van Beurden has led Shell since 2014. Last Thursday, van Beurden said “I still believe that […]
The business leaders, mostly chief executives of Brazillian companies, released a joint statement warning that Brazil could be “excluded from a new economic-climate order that is unfolding before our eyes.” Signatories included the local chiefs of Amazon, Shell, Embraer, and the global chief executives of the world’s largest meatpacker JBS. "Brazil should maintain its central […]
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