Jan 30, 2020
Ben van Beurden fits out Shell with a suit for all seasons
Big things count for Royal Dutch Shell and the big things are counting against it. Chief executive Ben van Beurden on Thursday said that almost every macro trend from energy prices to economic growth is going against the oil major. Oil majors, including BP, have promised to do it all - gush out more black gloop, move to environmentally friendly fuel, cut debt and keep increasing payouts to shareholders. Between them, BP and Shell account for a fifth of FTSE 100 dividends. Her first task is to work out which countries the Pru must exit.
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