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Shell Chief Executive Officer Ben van Beurden to step down, Wael Sawan appointed as his successor

Shell plc (Shell) today announced that Ben van Beurden will step down as Chief Executive Officer (CEO) at the end of 2022, and that his successor will be Wael Sawan. Waels appointment is effective January 1, 2023, when he will also join Shells Board ...
United Arab Emirates Zuid Holland Ben Van Beurden Andrew Mackenzie Wael Sawan Shell Executive Committee

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Shell to sell interest in Aera Energy to IKAV

HOUSTON, Sept. 2, 2022 /PRNewswire/ -- Shell Offshore Inc., a subsidiary of Shell plc, has agreed to sell its 100% interest in Shell Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV for a total consideration of approximately $2 billion in cash with additional contingent payments based on future oil prices, subject to regulatory approval. The transaction has an effective date of October 1, 2021 and is expected to close in Q4 2022. "This decision support...
United States San Joaquin Valley Zoe Yujnovich Exchange Commission Aera Energy Shell Onshore Ventures

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