The global oil market has faced a supply shock of high magnitude. Gas prices have spiked, and ordinary drivers feel it every time they pull up to the pump. That memory is worth keeping in mind as ...
At the WSJ CEO Summit in London, Shell CEO Wael Sawan said security and geopolitics have become a "big, big portion of the job" in recent years amid the war in Ukraine and heightened tensions in the ...
The world consumes roughly 100 million barrels of oil every day. For the past several months, a significant portion of that supply has simply not been produced. The gap is not closing. And one of the ...
The green transition's real bottleneck isn't invention — it's distribution, cost and finance. After 25 years and $10 billion ...
Shell’s CEO, Wael Sawan, believes oil and gas prices will keep rising well after the current Middle East conflict ends. That’s largely due to the expectation that global oil demand will continue to ...
Shell CEO Wael Sawan joins 'Money Movers' to discuss the company's latest earnings results, oil supply amid the Iran war, and more. Got a confidential news tip? We want to hear from you. Sign up for ...
Shell CEO Ben van Beurden presided this year over the company’s costly withdrawal from Russian gas and oil after Moscow’s invasion of Ukraine – Copyright AFP ...
During his keynote address, van Beurden announced that Royal Dutch Shell will be shifting its business model in the next several decades to a mix of renewables and traditional fossil fuels, according ...
LONDON, June 10 (Reuters) - Restoring a balanced crude oil market amid heavy inventory drawdowns will take a year and possibly longer, Shell CEO Wael Sawan said on Wednesday. • Sawan told a conference ...
A new study from Shell shows an LNG industry that is resilient but facing a potential supply gap in the coming years.