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 ...
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 ...
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 ...
Shell Chief Executive Officer Wael Sawan joins Francine Lacqua to discuss the oil major's controversial strategy around the energy transition, and fostering a culture that shifts from “all-knowing” to ...