Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Shell appoints Joiner in reshuffle of gas, power trading unit

Published 19/03/2024, 14:34
Updated 19/03/2024, 14:57
© Reuters. FILE PHOTO: The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren//File Photo

By Ron Bousso

LONDON (Reuters) -Shell has appointed Greg Joiner to head its Shell (LON:RDSa) Energy unit which oversees renewable generation, gas and power marketing, as part of a broader reshuffle of the trading division.

Joiner's appointment, which follows the departure of veteran executive Steve Hill last week, will take effect on April 1, Shell said in a statement to Reuters on Tuesday.

Joiner currently heads Shell Energy's European business.

Tom Summers will continue to head Shell's liquefied natural gas (LNG) trading business, the world's largest, and will report to head of trading Andrew Smith starting April 1.

David Wells will remain head of power, gas and environmental products trading and also report to Smith, Shell said.

Shell is the world's largest LNG trader, accounting for nearly 17% of global LNG trading volumes of 404 million metric tons in 2023, according to company data.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.