Accelerating the strategy for more value and fewer emissions
Shell presented the next steps in its strategy to investors on Tuesday as part of its Capital Markets Day 2025. The company is strengthening its commitment to value creation, the company wrote in its press release.
CEO Wael Sawan said of the company's performance to date: "We have made significant progress against all the targets we set ourselves at our Capital Markets Day 2023." Sawan also announced that Shell aims to become the world's leading integrated gas and LNG company and the most customer-centric energy marketer and trader.
Future plans
According to its own statements, Shell holds the leading position in liquefied natural gas. To further strengthen this position, the company plans to increase sales by four to five percent per year by 2030, according to its press release.
In the commodities group's combined upstream and integrated gas business, production is to be increased by one percent per year until 2030. Shell intends to maintain its production of 1.4 million barrels per day of liquids until 2030 with decreasing CO2 intensity.
The Group also intends to increase its cash flow resilience and returns in the Downstream and Renewables & Energy Solutions divisions.
Shell emphasizes continuing to create more value with fewer emissions and to grow in areas where the company is competitive.