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
13:23
Siegfried Mureșan susține că România poate primi zeci de miliarde de euro prin viitoarea politică de coeziune a Uniunii Europene
13:15
The most expensive euro in history. A new record has been set / NBR exchange rate: 5.34 lei/euro
13:14
The Ministry of Health announces who is eligible to receive the flu vaccine free of charge
13:02
South Korea threatens Kyiv with measures after the North Korean prisoners scandal / "If you do not publicly apologize, we will take other measures”
12:49
ANALYSIS / When the school system is boiling over: why French high school students block the streets, while Romanian students choose silent protest
See more news