meta_pixel
Tapesearch Logo
Log in
In Good Company with Nicolai Tangen

Shell CEO: Energy, security, transition, and Leadership

In Good Company with Nicolai Tangen

Norges Bank Investment Management

In Good Company, Business, Norges Bank, Nicolai Tangen

4.8186 Ratings

🗓️ 24 April 2024

⏱️ 49 minutes

🧾️ Download transcript

Summary

Wael Sawan is a Lebanese Canadian business executive who became CEO of Shell in 2023. He shares unique insights into navigating the complex landscape of energy transition, aiming for sustainability while meeting global energy demands. In this episode, Wael also shares his personal story and advice to young people.

The production team for this episode includes PLAN-B's Pål Huuse and Niklas Figenschau Johansen. Background research was conducted by Kristian Haga and Isabelle Karlsson, with input from portfolio manager Ståle Lægreid.




Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi everybody and welcome to Ian Good Company.

0:03.0

I'm Nicola Tangen and the CEO of the Norwegian Soan Wealth Fund.

0:06.0

And today we are talking to Walesawan, the CEO of Shell.

0:10.0

Now, most of us associate Shell with a pit stop on the road,

0:13.0

but Shell is an incredible company, exploring, producing, refining, trading,

0:18.0

transporting, you know, things in cars, ships, planes, and so on.

0:23.7

In fact, I read that the amount of energy you extract in one day is enough to drive a car

0:29.4

back and forth through the moon more than 18,000 times.

0:32.7

We own 3% of the company accounting for more than 6 billion US dollars.

0:37.9

Well, Salaam, welcome to this podcast.

0:40.5

Thank you very much, Nicola.

0:46.0

Now, you are both Lebanese and a Canadian citizen.

0:54.3

So tell me, how has this shaped you as a person, you think?

0:57.9

Look, I think diversity of thought diversity of experiences is at the core, I suspect, of how I've grown up.

1:04.7

I actually lived only five years in Canada, and I've never lived in Lebanon yet of course both have had tremendous

1:13.2

influence through culture but what they have done has made me accept the different perspectives

1:19.1

that people have in different contexts and to learn from that and I think most importantly to build

1:24.4

resilience the Lebanese unfortunately are known for resilience,

1:29.0

given the many challenges the country has had. And I think resilience is what we need,

1:33.2

in particular in times of change, as we currently have geopolitically in the energy system and beyond.

1:39.2

Now, we live in a society now where there is, in many cases, very little resilience. Do you think

1:42.9

that background really

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Norges Bank Investment Management, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Norges Bank Investment Management and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.