Ben van Beurden says Ukraine war fallout means big rise in bills and possible need for countries to ration supplies
European consumers could face the prospect of energy rationing this winter as costs continue to soar, Shell chief executive Ben van Beurden has warned.
“It will be a really tough winter in Europe,” said Van Beurden, speaking at the Aurora spring conference in Oxford on Thursday. “We will all face very significant escalation in energy prices. In the worst case, Europe will need to ration its energy consumption.”