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 (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 ...
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Shell's CEO says the oil market is short 1 billion barrels and getting worse. Here's what investors should do now.
The world has lost about 1 billion barrels of supply this year due to the war with Iran. That shortfall will continue to grow. It suggests oil prices will remain high for the rest of this year. 10 ...
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 ...
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 ...
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 ...
Shell Plc’s Chief Executive Officer pledged to turn around the company’s struggling chemicals business, which he said is suffering from one of the most protracted industry-wide slumps in a long time. ...
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 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 ...
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