Shell CEO says there is no change in company's strategy


Reuters | Updated: 02-10-2023 17:22 IST | Created: 02-10-2023 15:58 IST
Shell CEO says there is no change in company's strategy
Representative image Image Credit: Twitter(@Shell)

Shell has no plans to change direction in the oil major's strategy, Chief Executive Officer Wael Sawan told the ADIPEC energy conference in Abu Dhabi on Monday.

"Ultimately the shareholder needs to make a judgment whether the low carbon energy options we're putting in front of them are investable, and we need to be able to cover our cost of capital and make a return for our shareholders," he said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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