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Shell considers slowing pace of carbon emissions cuts as CEO refocuses on oil and gas

The move comes as Chief Executive Officer Wael Sawan delivers on a plan to allocate a greater portion of investments into oil and gas in order to give better returns to shareholders.

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Shell Considers Slowing the Pace of Its Carbon Emissions Cuts in Strategy Update

(Bloomberg) Shell Plc has been considering slowing the pace of its carbon-emissions cuts as it updates its energy-transition strategy, according to people familiar with the matter. Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapChina Has Never Canceled This Many Shipments of US WheatNY Says Trump Should Post Full Bond During Fraud Case AppealUS Core Inflation Tops Forecasts Again, Reinforcing

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Shell Ponders Slowing Carbon-Cut Targets Amid Energy Strategy Revamp: Report - Shell (NYSE:SHEL)

Shell PLC eyes adjusting carbon-emissions reductions, aligning with its energy-transition strategy overhaul. The disclosure of revised climate objectives alongside a long-term energy plan update, possibly on Thursday. CEO Wael Sawan's pivot towards oil and gas investment aims at bolstering shareholder returns.

Ben van beurdenWael sawanEnergy transition strategyProject vega

Shell considers slowing the pace of its carbon emissions cuts

Shell considers slowing the pace of its carbon emissions cuts
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

Wael sawanBen van beurdenEnergy transition strategyProject vegaEngland pensions

Shell Considers Slowing the Pace of Its Carbon Emissions Cuts in Strategy Update

Shell Considers Slowing the Pace of Its Carbon Emissions Cuts in Strategy Update
financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesAlex krausPierre poilievreHydroalex kraus bloomberg wesselingHydroalex kraus bloombergGabriel friedmanJoe oliverBen van beurdenWael sawanChrystia freelandStephen stapczynskiJoe oconnorBarbara shecterLaura hurstWilliam watson