Wael Sawan, the CEO of Shell, warned that Europe could face a fuel shortage starting in April, in the context of the ongoing conflict in Iran. At the CERAWeek conference in Houston, Sawan explained that the negative effects of the war have spread from South Asia to Southeast Asia and Northeast Asia, and now threaten Europe as well. Shell is working with governments to help them implement demand management, storage, and fuel procurement measures. Sawan emphasized that currently, there is more focus on reactive measures, instead of developing long-term energy strategies to ensure the resilience of the energy system.
Sources
Directorul general al Shell afirmă că Europa s-ar putea confrunta cu penurie de combustibil luna viitoare
Europe facing energy shortages by next month as Strait of Hormuz chaos deepens, warns Shell boss
Avertisment sumbru: CEO-ul Shell prezice o penurie de combustibil în Europa încă din aprilie
Latest News
23:00
The CIA has declassified more than 70 documents on Al-Qaeda and Osama bin Laden’s plans before the September 11 attacks
22:37
Traian Băsescu criticizes the political scene: “The PSD-AUR tandem will eventually take power”
22:09
Cosmin Tudoran, sentenced at first instance to one year and eight months in prison suspended for assaulting a delivery driver from Bangladesh
21:40
Houthi rebels have seized Yemen’s west coast and strategic islands in the Bab el-Mandeb Strait
21:19
The Romanian Air Force is organizing the Burebista 26 exercise across the country from September 14 to 25
See more news