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Shell not looking at New York relisting at the moment, CEO says

Shell is not actively looking at relisting in New York at the moment, and is focused on share repurchases, CEO Wael Sawan said on Thursday. Sawan said on a call with analysts that the company has a responsibility to look at all opportunities to bridge Shell's valuation gap with its U.S. rivals. "We will always have something like a listing or other elements under review, but I can tell you that there's not a live discussion at the moment for us," Sawan said. ....

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Shell smashes forecasts with $7.7 billion quarterly profit

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices. ....

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Shell Exited China Power Business Amid Push to Boost Returns

Shell Exited China Power Business Amid Push to Boost Returns
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Shell Exits Chinese Power Market, Eyes Gas Growth: Report - Shell (NYSE:SHEL)

Shell reportedly exits China's power markets, focusing on bolstering profitability in natural gas and oil sectors. The move reflects a commitment to invest selectively in profitable ventures within the power sector, aligning with CEO Wael Sawan's vision. ....

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