Shell plans to increase shareholder returns, cut costs, and grow LNG sales amid a push for value creation.

Shell plans to boost shareholder returns, aiming for 40-50% of cash flow going to shareholders, and cut spending to $20-22 billion annually through 2028. The company also intends to grow LNG sales by 4-5% annually and increase top-line production by 1% annually through 2030. Shell aims to reduce costs by $5-7 billion by 2028 and allocate 10% of capital to low-carbon projects by 2030. CEO Wael Sawan emphasized a focus on value creation and simplification.