Transcript : Shell plc, Q3 2025 Earnings Call, Oct 30, 2025
Transcript : Shell plc, Q3 2025 Earnings Call, Oct 30, 2025
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In March 2025, Shell CEO Wael Sawan announced that the company would ramp up fossil fuel production, reversing previous pledges to cut oil output. Shell now plans to increase oil and gas production by 1% annually and expand its liquefied natural gas (LNG) operations by 4-5% each year through 2030. Sawan described the move as a way to make Shell “simpler, more resilient and more competitive.” The decision has drawn criticism from climate experts who warn that doubling down on fossil fuels will wo
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