Wael Sawan News

13.08 / 01:31

markets UPS Platform Strategy reports Shell’s green play: Interest heats up for Sprng Energy's 1GW assets

Mint had reported that Shell Plc was looking to sell a stake in the operational assets of Sprng Energy group, and engaged Ambit Group for a valuation exercise. Last June, Shell unveiled a “balanced energy transition" strategy under chief executive Wael Sawan, focusing on maintaining its leadership in the global liquefied natural gas (LNG) market while “stabilizing liquids production to 2030." In an emailed response, a Shell Group spokesperson stated, “We don’t have any further comments beyond what we have earlier stated." “As stated at Capital Markets Day in June 2023, we are working to grow our renewables portfolio as part of an integrated power business in the key market of India.

13.03 / 10:23

COST WhatsApp performer information Shell to cut about 20% of jobs in deals team amid push for cost savings

Shell Plc will eliminate at least 20% of jobs in its deals team as the company continues to restructure its business units in an effort to reduce costs, according to people with knowledge of the matter. Staff in the division, which has several hundred employees handling mergers and acquisitions for Shell, were told that there would be a significant reduction in headcount, with further details to be communicated in April, the people said, asking not to be named because the information isn’t public. The team is the latest to be affected by job cuts, following similar moves across business units such as low-carbon solutions, chemicals and IT.

03.10 / 02:21

CEO economy Citigroup WhatsApp Shell India raises concerns over high oil prices, urges for more production by Opec+

(Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) "This industry can change the global debate... It is time to silence the skeptics by applying scale, capital, and technology to deliver outcomes," said Sultan Al Jaber, the president-designate of the COP28 talks, who is also the head of UAE state-owned oil firm ADNOC.

27.07 / 20:07

CEO Shell performer Shell earnings top $5 billion. But that's nearly half what it pulled in months ago

Shell has reported that it earned nearly $5.1 billion in the second quarter

27.07 / 06:57

Shell performer Shell's profits tumble 56% to $5 billion as energy prices cool

By Ron Bousso and Shadia Nasralla

facts about Wael Sawan

Who is Wael Sawan?

Wael Sawan is a public personality featured in various analyses related to recent developments.

Why is Wael Sawan attracting attention?

Wael Sawan frequently draws public interest due to widely discussed behavior, which sparks conversations.

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