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In July 2011, Shell announced that a joint venture of Canary Wharf Group and Qatari Diar had bought a virtual freehold (a 999-year lease) on the Shell Centre for £300m, and would redevelop the site. The tower was to be left in place, but the rest of the site was replaced by a new scheme of offices, shops and restaurants. [8]
In the UK sector of the North Sea Shell employs around 4,500 staff in Scotland as well as an additional 1,000 service contractors: however in August 2014 it announced it was laying off 250 of them, mainly in Aberdeen. [192] Shell paid no UK taxes on its North Sea operations over the period 2018 to 2021. [193]
The Shell Martinez Refinery in Martinez, California, the first Shell refinery in the United States, supplied Shell and Texaco stations in the West and Midwest [12] until its sale to PBF Energy in 2020. [13] Shell fuel previously included the RU2000 and SU2000 lines (later there was a SU2000E) but they have been superseded by the V-Power line. [14]
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Shell injected nearly $1.5 billion in cash and credit into its British energy retail business in 2022 to help it weather huge volatility in power prices that caused the collapse of several rival ...
Shell Energy Retail Limited was a British consumer gas, electricity and broadband provider. [1] Formerly a subsidiary of Shell , the business was acquired by Octopus Energy in December 2023. The company purchased gas and electricity from international markets for resale to consumers.
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[3] [4] On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement. The sale was completed on 15 February 2016. Prior to the takeover, BG Group was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.