Shell CEO says cutting oil and gas production is not healthy

Shell CEO: Cutting O&G production 'not healthy'

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.

Shell's number one: “Oil and gas for a long time, it's wrong to reduce production” - Il Fatto Quotidiano

L’appetito vien mangiando. E così, dopo l’abbuffata di profitti del 2022, circa 200 miliardi di dollari solo per le prime 5 compagnie al mondo, di staccarsi da petrolio e gas le big del petrolio non ne vogliono più sapere. Non che prima ci avessero mai speso troppo tempo e soprattutto denaro, ma ora, a dispetto rivendicano in modo quasi sfacciato questa linea. L’ultimo segnale in tal senso sono le dichiarazioni di Wael Sawan, nuovo numero uno de…

Shell reviewing oil output reduction targets, CEO tells the Times

Shell is reviewing its current plan to reduce oil output by 1% to 2% per year by 2030, Chief Executive Officer Wael Sawan told the Times, against the backdrop of rival BP recently rowing back from hydrocarbon output reduction aims.

Shell CEO says cutting oil and gas production is not healthy

Shell’s (LON: SHEL) 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. The post Shell CEO says cutting oil and gas production is not healthy appeared first on Energy Voice.

Shell CEO says cutting oil and gas production is not healthy

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.

Shell CEO Says Cutting Oil and Gas Production Is Not Healthy

BP, Shell’s closest peer, said last month that it would slow the planned decline in its oil and gas production