US EditionShell slashes costs and clean energy investment to boost shareholder payouts
- On May 18, 2025, Shell announced plans to cut costs and boost shareholder returns by increasing cash flow distributions and buybacks.
- Shell has increased its goal for cumulative cost savings from $2-3 billion by 2025 to between $5 billion and $7 billion by 2028 to enable higher returns to shareholders.
- Shell will lower annual spending to $20-22 billion from 2025 to 2028, maintain a 4% dividend growth, and prioritize investments within competitive strengths.
- CEO Wael Sawan emphasized that Shell has advanced well toward achieving the objectives established during the 2023 Capital Markets Day, reflecting the company's streamlined and robust transformation.
- These actions aim to increase shareholder value through disciplined spending, higher returns, and sustaining growth in LNG and lower carbon platforms by 2030.
64 Articles
64 Articles
As a result of the Ukraine War, climate protection has lost importance in many business models. Shell had recognized this as one of the first and reduced investments in renewable energies. Now this strategy is being pushed – with a huge LNG plan.
Shell cuts low-carbon investment amid “discipline” drive, boosts CEO pay
The oil company has halved its low-carbon renewable and energy solutions investment target for 2030 to 10%, while boosting chief executive Wael Sawan's pay in 2025. The post Shell cuts low-carbon investment amid “discipline” drive, boosts CEO pay appeared first on Energy Voice.
Russia Sues Shell for $1.6B Over Unpaid 2022 Gazprom Supplies
Russia is suing Shell for 1.5 billion euros ($1.6 billion) over allegedly unpaid gas supplies to the state energy giant Gazprom in 2022, the British-Dutch company said in its annual report published Tuesday.
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Shell plans to cut more costs, boost gas sales
British energy giant Shell on Tuesday announced plans to slash costs by billions of dollars and increase shareholder returns, as it focuses on its liquified natural gas (LNG) business.
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