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Shell Faces Shareholder Pushback over Gas Strategy

Summary by Financial Times
Special resolution calling for more detail on LNG business wins 20% backing

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A majority of Shell shareholders have voted against a proposal calling on the oil and gas company to provide more substantiation of its gas plans. Shell wants to sell significantly more liquefied natural gas (LNG) by 2030. But critical shareholders fear that Shell is far too optimistic about the demand for LNG and wanted the company to explain, among other things, how its plans for the fossil fuel match Shell's promise to be climate neutral by 2…

·Apeldoorn, Netherlands
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rd.nl broke the news in Apeldoorn, Netherlands on Tuesday, May 20, 2025.
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