Shell’s CEO talks transformation, leadership, and the future of energy | The Energy Podcast

In the season finale of The Energy Podcast, Shell’s CEO Wael Sawan reflects on a year of significant change globally. He discusses navigating through uncertainty, accelerating the energy transition, and embracing AI. He also shares how Shell is transforming into a fitter, more competitive company – one better equipped to navigate whatever lies ahead. Tune in for insights into the energy system, the outlook for liquefied natural gas (LNG), and leadership through times of change. Learn more about The Energy Podcast: https://go.shell.com/3ZfhSvo Chapters: 00:00 – Teaser 00:42 – Intro and season recap 02:49 – Meet the guest: Wael Sawan 03:56 – Year in review and leadership lessons 06:28 – Shell’s vision for 2035 08:12 – Trust and culture transformation 12:25 – Capital discipline and growth beyond 2030 15:15 – LNG and energy transition strategy 17:51 – Resilience 21:37 – Investing in lower-carbon solutions 25:26 – Energy security and energy transition targets 27:18 – AI and the energy system 29:58 – Leadership insights and personal reflections 34:00 – Wrap-up and season close Episode references: References to $20-22 billion of capital or investment per year refer to Shell's cash capital expenditure of $20-22 billion per year between 2025-2028. References to distributions of 40-50% of our cash flow from operations (CFFO) refers to Shell's shareholder distributions target of 40-50% of CFFO through the cycle. For more on the reference to $20 billion of capital Shell has employed in power as well as lower-carbon businesses, see Shell's Capital Markets Day 2025 presentation: https://go.shell.com/3MgK65n For more information on Shell’s energy transition targets and ambition, visit: https://go.shell.com/4aAPMRu In 2024, 78.2% of Shell's global investments included oil & gas, 11.37% included low-carbon energy solutions and 10.43% non-energy products. Shell's target is to become a net-zero emissions (NZE) business by 2050. Cautionary note, including NZE target: https://go.shell.com/43Hdnet #TheEnergyPodcast #energytransition #energy #podcast #shell Welcome to our official YouTube channel. Subscribe to learn about the energy transition, our people, projects and innovations powering progress at Shell. Here you’ll find videos on energy projects, jobs and careers and motorsports. Subscribe to our YouTube Channel: https://go.shell.com/3j0t9x2 Visit our website: https://go.shell.com/3VeP95G Like us on Facebook: https://go.shell.com/30bINMb Follow us on Instagram: https://go.shell.com/30bIMb5 Follow us on X (Twitter): https://go.shell.com/30g1T3J Follow us on LinkedIn: https://go.shell.com/30eeJ28