Shell CEO Sawan rules out U.S. LNG investments; no asset buys planned; share buy-back program launched — TradingView News

Shell’s CEO Wael Sawan stated the company won’t use its capital for U.S. LNG investments, relying instead on low-cost funding and long-term contracts to manage price exposure.1Shell CEO Wael Sawan stated the company won’t acquire more assets soon, having resolved a projected shortfall of 100,000 to 200,000 barrels of oil equivalent per day.2On February 10, 2026, Shell plc began a share buy-back program, purchasing shares for cancellation. Managed by Morgan Stanley, it will run until May 1, 2026.3