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Shell boss van Beurden: ‘Supply needs to adjust but to less demand’

FINANCIAL TIMES

Shell boss van Beurden: ‘Supply needs to adjust but to less demand’

For the first time in almost a decade running Europe’s biggest oil and gas company, Shell chief executive Ben van Beurden reckons he is being listened to.

The commodity shock sparked by the war in Ukraine has sent European officials scrambling to better understand the global energy system and secure new sources of supply. Some of them have ended up at Shell’s door.

“On energy security matters, energy balances, investment levels, I’ve never had as good a set of discussions with governments as we are having today,” van Beurden told the Financial Times.

FULL FT ARTICLE

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