Published 1 year ago

Shell CEO says cutting oil and gas production is not healthy

Summary by Reuters

Shell (SHEL.L) 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.

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Reuters

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.

1 year ago·United Kingdom

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The Star Kuala Lumpur

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.

1 year ago·Malaysia

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Irish Independent

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.

1 year ago·Ireland

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The Times

Cutting oil and gas production is not healthy, says Shell boss Wael Sawan

It has been two months since Wael Sawan became the first non-European chief executive of Europe’s biggest oil and gas company. “I still pinch myself at the fact

1 year ago·London, United Kingdom

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Bloomberg

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.

1 year ago·United States

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Business Standard

Cutting oil and gas production not healthy, says Shell CEO Wael Sawan

"We've seen of course through 2022 the fragility of the energy system," Sawan said. "To see prices start to skyrocket, that's not healthy for anyone, particularly consumers"

1 year ago·India

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