Shell Faces Shareholder Pushback over Gas Strategy

Shell suffers investor revolt over gas production impact on climate plans

Just over a fifth of shareholder votes backed proposals for more disclosure on how increasing LNG production meets Shell’s environmental commitments.

Shell faces shareholder pushback over gas strategy

Special resolution calling for more detail on LNG business wins 20% backing

Shell Gets Paid to Pollute: £12.4 Million Refund While Britain Chokes on Oil and Austerity

It’s hard to overstate the sheer audacity of Shell. While ordinary Britons scramble to heat their homes and feed their families, this oily behemoth has perfected a perverse alchemy: turning climate destruction into taxpayer-funded profit. According to Shell’s own “Payments to Governments” report, the company paid a paltry £8.6 million in UK taxes in 2024 for its North Sea operations—only to be handed back a jaw-dropping £12.4 million by HMRC. Th…

LGPS investors take the lead in push against Shell’s LNG expansion

LGPS investors have played a leading role in a shareholder resolution questioning the firm’s reliance on natural gas reflecting growing investor concerns of climate risks.

A majority of Shell shareholders have voted against a proposal calling on the oil and gas company to provide more substantiation of its gas plans. Shell wants to sell significantly more liquefied natural gas (LNG) by 2030. But critical shareholders fear that Shell is far too optimistic about the demand for LNG and wanted the company to explain, among other things, how its plans for the fossil fuel match Shell's promise to be climate neutral by 2…