Faced with growing pressure from climate-focused lawsuits, Shell said in its newly released “Energy Transition Progress Report 2022” that litigation won’t help facilitate the transition of the world’s energy system to reach global climate goals.

Shell remains an unloved, but high-return, investment.

The company is expected to publish robust revenue and profits. But there are concerns about falling natural gas prices.

According to Shell, the deal fits its Powering Progress strategy. Launched last year.

Long term energy forecasts are nowadays subject to a partisan test by many readers based on whether or not they project a rapid energy transition.