Wael Sawan emphasized the careful management of shipping in the Middle East due to rising tensions, highlighting the significant uncertainty in the region caused by recent conflicts.
Shell's reporting shows a 28% drop in profits, illustrating the ongoing impact of lower oil prices following the post-pandemic recovery and global economic changes.
Shell has agreed to settle its controversial multimillion-dollar lawsuit against Greenpeace after its campaigners boarded an oil rig last year as part of a peaceful protest. The oil company threatened to sue Greenpeace for $2.1m in damages in one of the biggest legal threats against the group after its campaigners occupied a moving oil platform off the coast of the Canary Islands for 13 days to protest against the damage to the climate caused by Shell.