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Shell sets bigger carbon emissions reduction target

Royal Dutch Shell PLC responded to external pressure by setting a more ambitious target for cutting greenhouse gas emissions from its operations, while reporting an increase in third-quarter profit that fell short of expectations. Like its peers, Shell has been lifted by the surge in oil and gas prices, but nevertheless finds itself pulled in many different directions by people unhappy with its plans. Dan Loebโ€™s Third Point Capital LLC is seeking the breakup of the energy giant, a move that w...
France General Ben Van Beurden Patrick Pouyanne Royal Dutch Shell Dan Loeb Third Point Capital Powering Progress

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