In 2020, the Anglo-Dutch energy giant swung to a $21.7 billion loss, with noncash impairments of $28.1 billion. That drop pushed Shell from No. 5 to No. 19 this year, slipping below rival BP. The loss came on the heels of a pledge to transition its business away from fossil fuels in the coming decades, and target net zero by 2050. Since the start of the new year, rising oil prices have helped to swing the company back to quarterly profits. But in May 2021 it faced a new challenge, after a Dutch court ordered Shell to slash emissions even further.
Lists ranking Shell
Latest news for Shell
- EnvironmentGreenpeace to take Volkswagen to court in effort to stop it from selling polluting carsOctober 29, 2021 3:36 PM UTC
- No Primary Section FoundAs breakup calls grow louder, Shell delivers an earnings dudOctober 28, 2021 11:18 AM UTC
- NewslettersCrypto bulls ride the Shiba Inu rally to new highs as Bitcoin rebounds, stocks stallOctober 28, 2021 9:29 AM UTC
- NewslettersBull-market Bitcoin: the king of crypto is up 25% in the past weekOctober 7, 2021 8:57 AM UTC