Shell CEO says cutting oil and gas production is not healthy
Shell’s (LON: SHEL) new boss said cutting oil and gas output would be bad for consumers, echoing a pivot by other major producers toward fossil fuels and energy security.
Wael Sawan
Shell seeks ‘problem solver in chief’
Sawan chose to cut the size of the executive committee in January, from nine members to seven.
‘Stability through thick and thin’ key to future investments, says Shell CEO
Shell’s (LON: SHEL) top boss has made a plea for “stability” as calls for an escalation to the North Sea windfall tax continue to circle.
Shell profits could ‘come at a cost’ in form of ‘further windfall taxes’, warn analysts
News of Shell (LON: SHEL) recording record annual profits could come back to bite the oil and gas giant, as well as its counterparts.
Shell profits expected to dip from recent highs after gas price drop
New chief executive Wael Sawan is unlikely to be introduced to shareholders alongside another set of record profits, but Shell (LON: SHEL) will have continued to benefit from massively high energy prices in the last months of 2022.
Shell to combine business units as Sawan shakes up top team
Oil and gas giant Shell (LON: SHEL) has announced plans to shrink its executive committee in a bid to simplify “how the organisation works”.
Shell signs up to Oman gas deals, eyes new hydrogen export option
The company signed a term sheet to buy LNG from Oman LNG for 10 years. The Omani project will provide Shell with 0.8 million tonnes per year, it said.
‘Incredibly excited… but also sometimes daunted’: Wael Sawan on becoming new Shell CEO
Shell (LON: SHEL) has released its first interview with new CEO, Wael Sawan, on his challenges ahead in the top job.
Five key moments from Ben van Beurden’s tenure, as Shell CEO heads for exit door
As far as timeframes in which to lead one of the world’s biggest oil and gas companies go, Ben van Beurden picked a rocky one.
New Shell CEO was ‘strong supporter’ of UK investment while Upstream chief, says North Sea boss
Simon Roddy of Shell says incoming CEO Wael Sawan has already given support to new North Sea projects like Penguins, Pierce and Jackdaw.
Incoming Shell CEO has ‘most challenging job in history’ of oil giant
Activist groups are calling on Shell’s incoming chief executive to make “bold decisions” in order to revolutionise the supermajor.
BP boss Looney praises outgoing Shell CEO for helping to ‘shape the future’ of energy
Energy bosses have been paying tribute to “class act” Ben van Beurden after news broke that he would be stepping down as chief executive of Shell (LON: SHEL).
Shell CEO van Beurden to step down at end of 2022, successor revealed
Oil and gas giant Shell (LON: SHEL) has confirmed that its chief executive will step down at the end of 2022.
Shell shakes up renewables unit after departure of top executive Elisabeth Brinton
Shell is reshuffling its renewables unit after the department’s head said she will step down.
Shell, Total sign up to new gas plan with Oman
Oman has signed gas deals with Shell and TotalEnergies on Block 10, with plans for a new LNG plant in the offing.
Shell’s Wetselaar heads to top spot at Cepsa
Shell has reshuffled its exploration team as Maarten Wetselaar leaves the company to take the top spot at Cepsa.
Shell sells Western Desert assets to Cairn, Cheiron
Shell has signed an agreement to sell onshore Egyptian assets to Cheiron Petroleum and Cairn Energy for $646 million.
Shell hangs up for sale sign onshore Egypt
Shell Egypt has set out plans to sell its onshore assets in the Western Desert.
Shell makes FID on PowerNap project
Shell has made a final investment decision (FID) for the PowerNap deep-water project in the US Gulf of Mexico.