New chief executive officer, Wael Sawan is preparing to lay out Shell’s strategy at a capital markets day event in June, which could see the company underscoring the role of oil and gas as Europe’s energy crunch spotlights concerns over security of supply.‘You see a changing dialog since the crisis with a more balanced perspective between security and carbon,’ Gorman said on the sidelines of a conference in Oxford, England.
While the company has faced pressure from climate activist shareholders to take more aggressive action to cut emissions, CEO, Sawan said earlier this month that reducing oil and gas production is not healthy. The company is hearing different messages from investors in the U.S., Europe and Asia and Shell’s priority is to look after all of its shareholders, Gorman said.