Post Tagged with: "Shell CEO"

Shell CEO plans company-wide meeting to discuss shift back to fossil fuels

Shell CEO plans company-wide meeting to discuss shift back to fossil fuels

World Oil


(Bloomberg) – Shell Plc Chief Executive Officer Wael Sawan will meet with employees later this month to discuss the decision to put a greater share of investment into fossil fuels. Sawan invited staff to join a virtual meeting …

Source: Reuters

Exclusive: Shell CEO comes under pressure from within on renewables shift

Nasdaq


LONDON – Shell SHEL.L CEO Wael Sawan has come under pressure over his strategy from within the energy company after two employees issued a rare open letter urging him not to scale back investments in renewable energy, sparking an …

Source: Reuters

Shell CEO says slashing oil output would be ‘Dangerous and Irresponsible’

Oil Price


Reducing global oil and gas production would be “dangerous and irresponsible” as the world still desperately needs those hydrocarbons, Shell’s chief executive Wael Sawan has told the BBC. Last month, Shell unveiled its new strategy to continue …

Source: Reuters

Shell CEO says cutting oil and gas production is “not healthy”

World Oil


(Bloomberg) – Shell Plc’s 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.

“I am of a firm view that …

Source: World Oil

Shell CEO stepping down after four decades, replaced by gas chief Sawan

World Oil


(Bloomberg) — Shell Plc Chief Executive Officer Ben van Beurden will step down at the end of this year after almost 40 years at the company, to be replaced by the firm’s head of gas and renewables, Wael …