One of the world's biggest oil companies says the pain may last into 2027.

Shell CEO Wael Sawan joins 'Money Movers' to discuss the company's latest acquisition of ARC Resources, economic themes, and more.

Shell (SHEL) shareholders ‌routed a climate activist resolution at the company's annual general meeting Tuesday, and easily reappointed CEO Wael Sawan and Chairman Andrew Mackenzie. The climate ...

The oil market hopes the U.S. and Iran will strike a deal that could reopen the Strait of Hormuz and restore energy shipments.

Earnings more than doubled—helped by oil trading and higher prices—but the energy major warned of lower production, launching a lower buyback than in previous quarters.

The Chief Executive Officer of Shell Plc, Mr Wael Sawan, has commended President Bola Ahmed Tinubu for what he described as bold and visionary leadership that has restored investor confidence and ...

The world consumes roughly 100 million barrels of oil every day. For the past several months, a significant portion of that supply has simply not been produced. The gap is not closing. And one of the ...

Shell (SHEL) CEO Wael Sawan warned that there is currently a shortage of nearly 1B barrels of crude oil, which will worsen each day that the Iran war drags on. "We have dug ourselves a hole of close ...

The oil and liquefied natural gas shortages caused by the blockade of the Strait of Hormuz are likely to drag on for months and possibly into next year, Shell Plc CEO Wael Sawan said. “We are talking ...

The global oil market has faced a supply shock of high magnitude. Gas prices have spiked, and ordinary drivers feel it every time they pull up to the pump. That memory is worth keeping in mind as ...