Key facts: Shell's CEO Wael Sawan stated that liquefied natural gas (LNG) will be the main focus for the company in the energy sector over the next decade, shifting from renewables.
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- Shell's CEO Wael Sawan stated that liquefied natural gas (LNG) will be the main focus for the company in the energy sector over the next decade, shifting from renewables.1
- Shell has begun production at its Victory gas field in the North Sea, generating 150 million cubic feet of gas daily, enough to heat 900,000 homes annually.2
- Shell is refocusing on its core oil and gas operations, moving away from renewables, due to a renewed emphasis on energy security and a positive long-term outlook for fossil fuels.3