Capital spending reduced to $22-25 billion per year for 2024 and 2025. Annual operating cost structurally reduced by $2-3 billion by end 2025. Reiterated commitment to climate targets, including net-zero emissions by 2050. *Subject to Board approval at the time. Shell hosted its Capital Markets Day on 14 June 2023.. At its Capital Markets Day in June 2023, Shell outlined that its energy transition strategy delivers more value with less emissions. Shell's target to achieve net-zero emissions by 2050 across all operations and energy products is transforming business, leaders said, who believe it beats the goal of the Paris Agreement to limit global warming.
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14 Jun 2023. Shell plc hosted its Capital Markets Day on 14 June 2023. Presentations and Q&As were hosted by Wael Sawan, Chief Executive Officer. Wael was joined by Sinead Gorman, Chief Financial Officer, Huibert Vigeveno, Downstream and Renewables & Energy Solutions Director*, and Zoë Yujnovich, Integrated Gas and Upstream Director*.. Shell reports earnings on Oct. 27. Photographer: Peter Boer/Bloomberg , Bloomberg. (Bloomberg) -- Shell Plc could announce a boost to its quarterly dividend of about 38% at a capital markets day presentation in June, according to RBC. The increase, which could take effect in the fourth quarter, would follow a year of record profits for Shell in.
