Shell CEO Seen Focusing on LNG at Strategy Day in New York
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Shell Plc will update its strategy on Tuesday, just a month after struggling rival BP Plc unveiled a fundamental “reset.”
Chief Executive Officer Wael Sawan is on the home straight of a two-year “sprint” to shake up Shell by cutting costs, improving reliability and shedding under-performing units. Analysts and investors will be looking for plans for growth at the company’s crucial liquefied natural gas business and reassurance on oil reserves.