Shell: 10 results · Clear search
Bloomberg reported on 28 April that Shell CEO Wael Sawan saw Hormuz-related oil and LNG shortages lasting for months and possibly into 2027, after large supply losses were partly replaced by inventory drawdowns.
In a Bloomberg Television interview published on 5 February, Shell CEO Wael Sawan described the oil market as having some oversupply and discussed Shell’s shareholder-return programme.
Bloomberg published this Wael Sawan conversation on 13 April 2026 but identifies it as recorded on 11 December 2025. It is included by publication date and explicitly retained as a 2025 interview.
Shell reports approximately $840 million in closing cash proceeds; BP remains the Na Kika operator in the announcement.
The US power transactions cover 169 MW in Pennsylvania and a 609 MW combined-cycle plant serving New England.
The completed transaction adds approximately 370,000 barrels of oil equivalent per day across liquids and gas, according to Shell.
The proposed US retail transaction covers 320 company-owned sites and supply agreements with 552 dealer-owned locations.
Agreement covers offshore Kwanza Blocks 8 and 22.
Subsea pipeline and riser systems are included in the award.
The transactions cover an acquisition and a partial sale of separate portfolios.
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