Shell plc

SHEL

GB00BP6MXD84

Integrated Oil & Gas

Market Closed - London S.E. Other stock markets 10:05:23 23/01/2026 pm IST			5-day change	1st Jan Change
2,687.50 ^GBX	+0.50%		-2.36%	-1.92%

24/01	Sector Update: Energy Stocks Gain Late Afternoon	MT
24/01	Sector Update: Energy Stocks Gain Friday Afternoon	MT

GPS Jamming in Strait of Hormuz is Challenging, Shell CEO Says

Published on 06/20/2025 at 02:44 pm IST

MT Newswires

SHELL PLC

+0.50%

Shell (SHEL) CEO Wael Sawan says ongoing signal jamming in the Strait of Hormuz is challenging and the energy company is being very careful with shipping in the region. Sawan also says the oil market is balanced at the moment. He speaks with Bloomberg's Shery Ahn at a conference in Tokyo.

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Wael Sawan

Wael Sawan currently works at Shell U.K.
Ltd., as Chief Executive Officer from 2023, Shell Plc, as Chief Executive Officer & Executive Director from 2023, Shell Integrated Gas Oman BV, as Director, and Shell Offshore, Inc., as Executive Vice President.
Mr. Sawan also formerly worked at Qatar Shell Service Co. WLL, as Chairman & Managing Director from 2012 to 2015 and Shell Foundation, as Trustee from 2019 to 2022.
Mr. Sawan received his graduate degree from McGill University and Masters Business Admin degree from Harvard Business School.

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Period

SHEL: Dynamic Chart

Company Profile

Shell plc specializes in oil and natural gas production and distribution. Net sales break down by activity as follows: - refining of crude oil (32%): owns, at the end of 2024, 8 refineries worldwide. Shell plc is also involved in the manufacturing of chemical and petrochemical products (olefins, aromatic products, solvents, ethylenes, propylenes, phenols, additives, etc.); - marketing of petroleum products (42.2%): operation of a network of more than 44,000 service stations worldwide; - production of liquefied natural gas (13.1%); - production of electricity from renewable sources (10.3%); - crude oil and natural gas exploration and production (2.3%); - other (0.1%). Net sales are distributed geographically as follows: the United Kingdom (9.9%), Europe (22.6%), Asia-Oceania-Africa (34.6%), the United States (22.9%) and America (10%).

Employees

96,000

Sector

Integrated Oil & Gas

Calendar

05/02 - Q4 2025 Earnings Release

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