No choice but to invest in oil: Shell

, its chief executive said.

Still, the amount of carbon dioxide emitted from Shell’s operations and the products it sells rose by 2.5% between 2017 and 2018. Oil and gas remain the backbone of profits for Shell, the largest listed company on London’s main FTSE index. A lack of investment in oil and gas projects could lead to a supply shortage and result in price spikes, he said.

On liquefied natural gas, of which Shell is the world’s biggest trader, van Beurden said the market would exhibit oversupply in the near term. “But demand will continue to grow at a pace that is roughly four times that of oil,” he said.

Shell Shame on you

پاکستان تازہ ترین خبریں, پاکستان عنوانات

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