Shell (SHEL) does not need to buy additional assets anytime soon to deliver on its 2030 targets, as the company has largely covered an anticipated near-term shortfall, CEO Wael Sawan said Tuesday at ...
Shell's CEO had warned that oil prices would continue to rise after the disruption in the Strait of Hormuz ended. While that hasn't happened yet, his view is for the next five to ten years. It's ...
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 geopolitical conflict in the Middle East has made oil prices a near-daily topic of conversation in the media. That's understandable, given the immediate impact that the conflict is having on ...
Shell (SHEL) shareholders routed a climate activist resolution at the company's annual general meeting Tuesday, and easily reappointed CEO Wael Sawan and Chairman Andrew Mackenzie. The climate ...
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Oil prices have surged this year amid the conflict with Iran. Brent oil, the global benchmark price, has risen more than 50%, jumping from around $60 a barrel to more than $90. On a positive note, ...
Shell raises dividend 4% and buys back shares, but a 60% jump in CEO pay amid falling profits and fatal accidents faces a key shareholder vote. The board of energy giant Shell has confirmed a Q4 2025 ...
Shell CEO Wael Sawan said energy security is about more than responding to today's geopolitical tensions. The focus, he said, also needs to be on creating resilient systems for the decades ahead. At ...
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 ...
Shell CEO Wael Sawan joins 'Money Movers' to discuss the company's latest acquisition of ARC Resources, economic themes, and more. Got a confidential news tip? We want to hear from you. Sign up for ...
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