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
22:52
Prime Minister Peter Magyar says that Hungary wants to regain the trust of its European partners after Viktor Orban's years in government
22:34
South African writer Coral Hart has published nearly 400 books with the help of AI and maintains that sales justify the method, despite criticism
22:28
Donald Trump says Canada wants a trade deal, but the US holds “all the cards”
21:56
The Trump administration is seeking to block certification of the Alaska election if Republican Dan Sullivan loses the Senate race
21:29
Finland is preparing a new support package for Ukraine, including military, energy and humanitarian aid
See more news