Shell reviewing oil output reduction targets, CEO tells the Times

Shell is reviewing its current plan to reduce oil output by 1% to 2% per year by 2030, Chief Executive Officer Wael Sawan told the Times, against the backdrop of rival BP recently rowing back from hydrocarbon output reduction aims.

LONDON, March 3 - Shell

Sawan took office at the start of the year with a vow to boost Shell's performance and review its operations, while backing his predecessor Ben van Beurden's strategy to shift the company towards low-carbon energy.

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