All the updated news related to wael sawan

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City

Shell boss Ben van Beurden to step down at end of year as replacement revealed

The chief executive of Shell will step down later this year after close to a decade in the top job which saw him steer the business towards promises of a green future. Ben van Beurden will hand over the reins to the company’s Canadian director of ...

15 Sept 2022 at 08:57

City

Climate protesters accuse Shell chairman of ‘greenwashing’ at AGM

Shell’s chairman was accused of greenwashing as he addressed shareholders at the oil giant’s annual general meeting (AGM). Sir Andrew MacKenzie was interrupted by protesters as he opened the gathering at the InterContinental London – The O2 ...

21 May 2024 at 12:05

City

Fifth of Shell investors revolt against its climate strategy during tense AGM

More than a fifth of shareholder votes were cast against Shell’s climate strategy at a tense annual general meeting. The board faced heated exchanges with investors and protesters throughout the three-hour event at the InterContinental O2 ...

21 May 2024 at 15:28

City

Shell slammed for ‘outrageous’ pay and bonuses package of up to £21m for ex-boss

Shell has fuelled calls for a higher windfall tax on the sector after the oil giant revealed that its ex-boss saw his pay package soar to £9.7 million last year and is in line for further potential payouts of more than £11 million. The ...

09 Mar 2023 at 12:58

City

Shell misses expectations as earnings halve

Shell failed to deliver another bumper crop of profits in the last quarter, with the business falling short of market expectations. The oil giant said on Thursday that it had seen its adjusted earnings more than halve in the three ...

27 Jul 2023 at 08:59

City

Shell profits expected to dip from recent highs after gas price drop

New chief executive Wael Sawan is unlikely to be introduced to shareholders alongside another set of record profits, but Shell will have continued to benefit from massively high energy prices in the last months of 2022. Perhaps ...

27 Jan 2023 at 13:20

City

Shell meets expectations as profit slumps by a third

Oil giant Shell managed to avoid the fate that befell rival BP earlier in the week as its earnings for the third quarter stayed largely in line with expectations. The London-listed oil and gas producer said its adjusted ...

02 Nov 2023 at 08:44

City

Shell reveals better-than-forecast earnings amid pressure over climate goals

Shell has unveiled further returns for shareholders after better-than-expected earnings as the oil giant faces mounting investor pressure over its actions to tackle climate change. The group reported underlying ...

02 May 2024 at 09:19

City

Shell boosts shareholder returns after better than expected earnings

Oil giant Shell has unveiled further returns for shareholders as earnings fell by less than feared at the start of 2024. The group reported underlying earnings of 7.7 billion US dollars (£6.1 billion) for the ...

02 May 2024 at 07:36

City

Cutting oil and gas production would be ‘dangerous’, warns Shell boss

The boss of Shell has warned that slashing oil and gas production now would be “dangerous and irresponsible” and could see energy bills rocket higher again. Chief executive Wael Sawan told the BBC the world ...

06 Jul 2023 at 10:13

City

Shell blasted for ‘climate-wrecking’ U-turn on plans to cut oil production

Shell has been accused of making a “climate-wrecking” and “utterly destructive” U-turn on plans to cut oil production by 1-2% per year until the end of this decade. The oil major said it planned to keep ...

14 Jun 2023 at 12:32

City

Shell faces backlash for ‘destructive’ decision to abandon oil reduction plans

Fossil fuel giant Shell has been accused of an “utterly destructive” decision as it decided to stop reducing the amount of oil it produces until 2030 as part of a plan it hopes will increase its share ...

14 Jun 2023 at 20:08

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