The Long View: Wael Sawan, CEO of Shell

In “The Long View,” Eric Veiel, President, Co-head of Global Investments and Chief Investment Officer at T. Rowe Price Associates, welcomes CEOs and industry leaders to share their personal stories, leadership strategies, and lessons learned from running successful companies. The series offers a behind-the-scenes look at what it truly takes to lead in today’s fast-paced and ever-changing business environment. In this conversation, Wael Sawan, CEO of Shell, joins Eric to discuss his journey to the top of one of the world’s largest energy companies and the strategic priorities he has pursued since taking the helm. He shares his perspective on an increasingly volatile global energy system, why he sees the coming decade as one of “energy addition” rather than substitution, and how Shell is approaching capital allocation, energy security, and resilient, integrated value chains. Wael also explores the outlook for oil and LNG markets, including the factors that could shape the longer-term price of oil, and discusses how Shell is applying AI across trading, subsurface analysis and decision-making. The conversation also considers leadership, developing talent, learning from mistakes, and balancing the demands of today with the opportunities of the future.