Shell CEO Wael Sawan said energy security is about more than responding to today's geopolitical tensions. The focus, he said, also needs to be on creating resilient systems for the decades ahead. At the WSJ CEO Council Summit in London,

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

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 Shell (SHEL) CEO Wael Sawan stepped in front of a Bloomberg ...

Shell CEO Wael Sawan said countries need to be purposeful about building resilient energy systems that can withstand geopolitical shocks and have the "ability to withstand significant failure." He said energy is central to national security,

When Shell plc (NYSE:SHEL) announced a $22 billion play for ARC Resources (TSX:ARX) last month, it was widely hailed as the clincher for a Phase 2 expansion to LNG Canada. And whi

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 most senior executives in global energy just said so on ...

The blockade of the Strait of Hormuz has led to global energy disruptions "never seen before", the chief executive of British oil giant Shell said Wednesday.

Asian shares have climbed sharply, tracking big Wall Street gains, and oil prices slipped more than 1% after U.S. President Donald Trump claimed there was a breakthrough in talks on ending the Iran wa