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The Latest Breaking News from Wael Sawan

Europe could face fuel shortage by April as Iran throttles supplies, says Shell boss

Wael Sawan warns of pressure on diesel and petrol if strait of Hormuz does not reopen to oil and gas shipping

The Guardian - UK

Europe facing energy shortages by next month as Strait of Hormuz chaos deepens, warns Shell boss

UK drivers have already paid an extra £307m for petrol and diesel since the war in Iran began

The Independent UK

Shell CEO Wael Sawan's Pay Jumps 60% to $18.4M Despite 22% Profit Slide — and He Seeks an Even Bigger Bonus Next Year

Why Shell's CEO Wael Sawan received a 60% pay increase in 2025 amid falling profits and workplace fatalities. Learn about the proposed pay hikes and their impact on shareholders and the energy market.

International Business Times

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Shell CEO Wael Sawan's Pay Jumps 60% to £13.8M Despite 22% Profit Slide — and He Seeks an Even Bigger Bonus Next Year

International Business Times UK

Shell CEO’s pay jumps 60% despite slump in profits at oil company

Campaigners say people unlikely to ‘look favourably’ on package for Wael Sawan, which rose to £13.8m in 2025

The Guardian - UK

Shell boss Wael Sawan sees pay jump almost 60% to £13.8m despite profit fall

He received £1.9 million in fixed salary, pension and benefits for the year, but saw this heavily eclipsed by around £11.8 million of bonuses.

Evening Standard

Shell will consider fossil fuel investment in Venezuela, says chief executive

Wael Sawan weighs up production project as company reports 22% drop in full-year earnings to $18.5bn but boosts dividends

The Guardian - UK

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LNG2026: CEOs of world’s top energy companies gather in Qatar

The 21st edition of the International Conference and Exhibition on Liquified Natural Gas, or LNG2026, kicked off in Doha, Qatar, gathering global leaders, energy giants and experts with geopolitics, market dynamics, emerging technologies and the energy transition dominating discussions.

Euronews

As Shell CEO Wael Sawan Talks Venezuela Oil with Trump, Should You Buy SHEL Stock?

Investors are closely watching SHEL for a potential oil jackpot.

Barchart

Embattled BP replaces CEO, naming Woodside Energy chief as first-ever woman leader of a Big Oil giant

BP’s new American CEO is a global traveler who just helped an Australian energy player grow worldwide.

Fortune

Shell Net Profit Retreats On Lower Energy Prices

British energy giant Shell on Thursday said its net profit slid 23 percent in the first six months of the year, hit by lower oil and gas prices.

International Business Times

Shell denies reports of BP megamerger of Big Oil rivals

A Shell-BP deal would represent the biggest energy deal of the century—if not ever.

Fortune

Shell denies it is in talks to buy BP after reports of potential £60bn takeover

Spokesperson says report that it is considering bid for struggling rival is ‘further market speculation’

The Guardian - UK

Shell boss warns of ‘huge impact on trade’ if Israel-Iran conflict escalates

Blockage of strait of Hormuz, through which about 25% of world’s oil passes, could shock energy market, says Wael Sawan

The Guardian - UK

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Evening Standard

Shell suffers investor revolt over gas production impact on climate plans

Just over a fifth of shareholder votes backed proposals for more disclosure on how increasing LNG production meets Shell’s environmental commitments.

Evening Standard

Shell reveals lower profits after slump in oil prices

Chief executive Wael Sawan said Shell ‘delivered another solid set of results in the first quarter of 2025’.

Euronews

Shell cuts gas production outlook due to maintenance and bad weather

The oil and gas company reduced its expectations for natural gas and liquefied natural gas (LNG) volumes for the first quarter of this year.

Euronews

Shell increases shareholder returns and doubles down on LNG

Shell recently revamped its focus on oil and gas output, a move which has been greatly welcomed by shareholders, due to the current higher returns potential.

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Evening Standard

Shell boss sees pay jump as group vows to boost investor returns on cost savings

Wael Sawan’s total pay lifted by 9% to £8.6 million in 2024 as he landed a £2.9 million annual bonus and £3.9 million in share awards.

The Guardian - UK

Shell plans more cuts to costs and spending but hands CEO bigger bonus

Increase in pay package comes despite fall in profits and as oil company waters down pledge to cut emissions

The Independent UK

What is Rachel Reeves ‘green fuel’ plan for Heathrow – and will it work?

Labour has set targets for the take up of new sustainable fuel

The Independent UK

Shell boss dismisses Reeves' 'game changer' green fuel for Heathrow claim

Wael Sawan, the chief executive of oil giant Shell, said that sustainable aviation fuel is expensive and that airlines will be slow to take it up.

The Independent UK

Shell still reviewing moving listing away from London but not a live discussion

Oil company Shell says is still mulling moving its stock market listing from London to New York but that it wasn't a “live discussion” at the moment

International Business Times

Shell Annual Profit Drops To $16 Bn As Oil Prices Fall

British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs.

Evening Standard

Shell raises dividend to shareholders as profit falls amid lower oil prices

The energy major said profits fell after a year of operating in ‘a lower price environment’, amid shrinking margins from its oil refining business.

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