The Shell boss has today (Thursday) warned of possible energy rationing in Europe this winter to cope with the global crisis. Ben van Beurden told the Aurora Spring Forum conference in Oxford they are facing a "really tough winter in Europe".
Mr van Beurden said: "It will be a really tough winter in Europe. Some countries will fare better than others but we will all be facing a very significant escalation in energy prices." He refused to rule out the possibility of rationing, according to the BBC.
The three energy companies operating in France have already urged people to reduce their consumption of fuel, oil, electricity and gas immediately. It's all against the backdrop of shortages and soaring prices due to Russia’s supply cuts and the war in Ukraine, reports NottinghamshireLive.