Investments in low-emission technologies are taking a backseat to Shell plc’s Integrated Gas arm, as LNG prospects show promise for years to come, the executive team said Wednesday.

Speaking during a Capital Markets Day at the New York Stock Exchange, CEO Wael Sawan said the London-based integrated major is tilting toward buffing up the Integrated Gas portfolio, which includes LNG, as well as the Upstream unit aimed at natural gas and oil production.

“We are investing to provide the secure energy customers need today and for a long time to come, while transforming Shell to win in a low-carbon future,” Sawan said. “Performance, discipline and simplification will be our guiding principles as we allocate capital to enhance shareholder distributions, while enabling the...