Trending News: Maximize Flow Measurement Performance While Minimizing Energy Loss With Annubar Averaging Pitot TechnologyUS designates helium a critical material amid supply concernsEni’s Profits Soar 125% as Refining Boom Fuels Massive Investor PayoutsEuropean Natural Gas Prices Surge to Highest Level Since 2022Renewables Boom Pushes Australia’s Gas Power to Quarter-Century LowDOE Advancing Constitution Pipeline to ‘Strengthen Security’Scatec And EBRD Launch Renewable Energy Investment Platform In Egypt With USD 221 Million CommitmentIndian Renewable Energy Stocks Decline as Inox Wind Falls 5.45% on October 23Brent Hits $114 as Houthi Attacks Threaten Saudi Energy InfrastructureJapan Weighs Gasoline Subsidy Cuts as Energy Costs SoarUK Rules Out Winter Energy Shortages as Gas Prices SoarOil Hits $114 IntradayCREC Secures ₱35 Billion Financing For 900 MW Solar And 120 MWh Battery Storage Projects In The PhilippinesSineng Electric Showcases Grid-Forming Technology and Solar-Storage-Hydrogen Solutions at REI 2026Petronas, TotalEnergies, Mitsui form JV for 5 mtpa Malaysia CCS hubAI’s next step in oxygen therapySouth Africa Launches R360 Million 25.6 MW Solar Project In SpringsAir Liquide to explore ASU upgrades and argon recovery at fertiliser plants in VietnamHeidelberg halts German cement CCS project over CO2 infrastructure concernsSingapore pairs biomethane pilot with S$143m industrial decarbonisation fundingCiti’s $60 Oil Call Meets $112 BrentAsia Needs $1 Trillion a Year to Secure Energy SuppliesCSERC Rejects Immediate Pre-Payment Meter Relief For HT Consumer, Allows Security Deposit In InstallmentsAPTEL Rejects Compensation Claim Over Increased Solar And Wind Grid Connectivity Charges In RajasthanBOC opens Teesside CO2 plant as UK seeks to strengthen domestic supplySolar Power Plant Cost in India: Investment, Land Requirement & ROIWebsol Energy Appoints Vinay Vyas As CEO Of Websol Renewables, Targets 5,350 MW Solar Cell Capacity By 2028Clean Max To Sell 26% Stake In Subsidiary Clean Max Hachi To Chambal FertilizersNorway’s $2.3 Trillion Oil Fund Loses $30 Billion in Third QuarterGERC Proposes 3-Day Power Connection Timeline And INR 50 Daily Compensation For Delays In GujaratCEA Releases Unified Framework To Accelerate Digitalization Of India’s Power Distribution SectorAustralian Clean Energy Delegation of 21 Companies Explores Partnerships at REI Expo 2026Juniper Green Spark Ten Gets CARE A+ Rating For INR 472.16 Crore Hybrid Renewable ProjectBondada Engineering Wins Contract For 20 MW/120 MWh Vanadium Flow Battery Storage Project In GujaratFID sees Etango enter full-scale construction Viewpoint: Four million workers won’t be enough without the right leadersOfgem Approves Deal to Keep UK Gas Import Capacity From EuropeIndia’s Middle East Oil Imports Jumped 32% in SeptemberGrid Constraints Curtailed 119 GW of Renewables in India in SeptemberEuropean Natural Gas Prices Rise on Middle East EscalationDelorean advances Australia biomethane project towards first gas injectionIran Claims Seven Ships Hit in Persian Gulf as Oil Prices SurgeRecord Fuel Prices Accelerate Europe’s EV SalesWaga Energy launches Indiana landfill RNG facilityDAC project in Kenya targets tens of kilotonnes of CO2 for e-fuel productionIraq Removes Customs Duties On Imported Solar Energy Systems To Boost Renewable Energy AdoptionSolarcentury Africa Commissions 34.5 MWp Mailo 2 Solar Plant in Zambia, Raising Operational Capacity to 59.5 MWpOil Prices Surge Above $111 as Houthis Strike Saudi TargetsIran’s Oil Reserves Run Dry as U.S. Naval Blockade TightensIndia Ramps Up Coal Supplies to Record High as Power Crisis LoomsOil Rises Intraday Amid Escalating TensionsVNT Unveils State-of-the-Art DC-DC Converter, VNT-RAV5, at REI Expo 2026, Powering the Next Generation of Solar + StorageBurundi Signs $1.4 Billion Power Distribution Deal To Connect 8 Million People By 2030Indian Green Energy Stocks Face Selling Pressure as Sensex Falls 0.62% Amid Mixed Sector Performance (22 October 2026)Rwanda Invites IPPs For 200 MW Floating Solar Project With 800 MWh Battery StoragePodcast | CO2: from what if, to what isNavitas Secures USD 20 Million Funding For 2.2 GW Solar Cell Manufacturing FacilityVietnam And Denmark’s CIP Plan $4 Billion Investment In 1,000 MW Offshore Wind ProjectArgon prices in China surge amid strained supply and electronics demandCTUIL Sets 2-Hour And 4-Hour Battery Storage Requirements For Grid ConnectivityNorfund And Impact Fund Denmark Invest In 500 MWp Solar Project In The PhilippinesGM to Add Hybrids as U.S. Gasoline Holds Above $4Saudi Crude Exports Hit Five-Month High as Production Falls to Record LowUK Union Welcomes Jackdaw DecisionNordex Enters New Zealand Wind Market With 192 MW Mercury OrderIndia Hosts AgriVoltaics World Conference 2026, Announces New Programme Under PM-KUSUMTata Power-DDL to Hold National Lok Adalat on October 25 for Electricity Theft Case SettlementsAdani Green Energy Operational Capacity Rises 24% to 20,763 MW in H1 FY27Hartek Power Secures INR 200 Crore Contract for 80 MW Solar EPC Project in Uttar PradeshIndia’s Top State Refiner to Reduce Middle East Term Oil PurchasesEBRD Arranges $265 Million Financing For 1.2 GW Solar Project And 600 MWh BESS In EgyptAmperehour Energy And Ampt Partner To Expand DC-Coupled Battery Storage Solutions Across Global MarketsNTPC REL Invites Bids For Spare Inverter For 200 MW Gujarat-I Solar ProjectIREDA Reports INR 891.75 Crore Half-Year Net Profit As Revenue Rises To INR 4,592 Crore In FY2027SolarQuarter India: Technology Showcase Special | REI 2026 IssueOPG firm joins UK BWRX-300 projectSMRs could be part of Port of Rotterdam’s future, says studyRadiant microreactor selected for deployment by US NavyThe challenge of securing uranium from seawater – podcastCredibility and capital key to scaling-up new helium productionRussia to Send First Diesel Tanker to U.S. on ThursdayHigher Oil Availability Pressures Middle East Crude BenchmarksAgency Says India Coal-Fired Units Running Critically Low on Fuel as Power Demand SoarsSet it and forget it: Automated electrolyte management in trace oxygen analysisSemiconductor helium demand to reach 2.2 Bcf by 2028UK Approves Jackdaw Gas Field as Energy Crisis DeepensMorgan Stanley: Global Fuel Market Will Stay Tight Through Mid-2027Japan’s Trade Deficit Doubles as Hormuz Crisis Hikes Energy Import CostsConversion costs outweigh hydrogen shipping costs: WoodLinde doubles gas supply capacity for Tata SteelOil Prices Climb Above $110 as Middle East Supply Fears PersistTrump Administration Pushes Refiners to Boost Diesel Output as Prices SoarIndia’s Coal Crisis Deepens as Power Demand SurgesGoldman Sachs Warns of New Oil Price Shock as Tanker Rates SoarMidterms Could Swing on DieselUK biomethane sector calls for funding boost after Jackdaw approvalSolex Energy Subsidiary Approves INR 150 Crore Convertible Debenture IssueNTPC Appoints Diwakar Nath Misra As Government Nominee Director To Its BoardNorthern Ireland seeks views on biomethane sector developmentIndian Renewable Energy Stocks Decline as Sensex Falls 0.75% and Nifty Slips 0.94% (21 October 2026)

NOT SO! Shell CEO Says Oil Major Does Not Have to Buy assets Anytime Soon

Business & Policy
February 10, 2026

(Reuters) – Shell CEO Wael Sawan said on Tuesday the oil major does not have to buy additional assets anytime soon to deliver on its 2030 targets.

Get the Latest US Focused Energy News Delivered to You! It’s FREE:

In March, Sawan projected a 100,000 to 200,000 barrels-of-oil-equivalent-per-day gap for the company by 2030, but said last week the company has largely covered that near‑term shortfall.

Shell breakthrough to make up for an expected production shortage of 350,000 to 800,000 boed by 2035, the company and analysts have said.