Ofcom has fined Shell Energy £1.4 million for breaching the regulator's rules after failing to let close to 73,000 people know that their contracts were coming to an end.
Shell has announced that it has sold its home energy businesses in the UK and Germany to Octopus Energy Group.
Shell is working with US investment bank Lazard Ltd. to evaluate options including a sale of its European retail gas and power business, according to people familiar with the matter.
Oil giant Shell has raised questions about the future of its energy supply business which employs thousands of people in the UK as companies continue to struggle in a tough market.
Shell gave its British retail energy arm roughly £1.2 billion ($1.5 billion) of financial backing this year to survive wild swings in natural gas and power prices.
Shell Energy is being investigated by the communications regulator for not alerting customers that their broadband contracts were coming to an end.
BP sought repayment of a £53m debt after the energy retailer warned that rising gas prices would likely lead to losses.
A cut-throat market slashed into profit as oil major Shell forayed into the energy supply market last year, the company has revealed.
Shell Energy Retail has been forced to pay £390,000 after overcharging around 12,000 energy customers on its default tariffs.
Royal Dutch Shell has renamed First Utility as Shell Energy as it announced it has switched all of the supplier's British residential customers to 100% renewable electricity.
When the boss of Europe’s biggest listed oil company says his next car will be electric, it says a lot about the future of fossil fuels.
An industry expert has said renewed enthusiasm for competing in licensing rounds is “great to see” ahead of crucial, upcoming North Sea auctions.
Sound Oil, the Mediterranean focused upstream gas company, has signed a gas sales agreement with Shell for the Casa Tonetto production concession.