Shell Faces Heavy Investor Scrutiny Over LNG Expansion Plans

Shell plc (SHEL) , the British energy major, has announced that it plans to increase the sales of liquefied natural gas (LNG). This decision has faced criticism from a group of major shareholders, who filed a resolution questioning whether the expansion of LNG sales aligns with the company’s commitment to reduce carbon emissions related to its operations.Shell's LNG Expansion Plans Under ScrutinyBeing the largest trader of LNG globally, Shell is banking on the anticipated rise in demand for the commodity in ...