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British-Dutch energy giant Shell has announced the appointment of Sir Andrew Mackenzie as its new chairman.

Royal Dutch Shell plc's (NYSE: RDS.A) board of directors has announced the appointment of Andrew Mackenzie as the company's new chair.

SOURCE: Public Service Enterprise Group (PSEG) DESCRIPTION: The Senate’s confirmation of Janet Yellen as Treasury Secretary was an historic event the moment it

Royal Dutch Shell announces that oil is on its way out – but gradually. Royal Dutch Shell Royal Dutch Shell yesterday announced that the companys oil production peaked in 2019, and they expect a gradual decline. moving forward. The company said in a statement that “Shell today set out its strategy to accelerate its transformation into a provider of net-zero emissions energy products and services, powered by growth in its customer-facing businesses. A disciplined cash allocation framework an...

Feb 11, 2021 2:45:pm Summary by: Joe Murphy & William Powell (Adds comment from UK upstream industry group) Shell plans to rebalance its investments to focus more on achieving net-zero emissions by 2050, and has also announced intermediary targets for reaching the goal.  Under its Powering Progress strategy, published on February 11, the Anglo-Dutch major will organise its investments into three pillars of Growth, Transition and Upstream. It will invest $5... Posted in:

In an update to investors on how Europes biggest oil company plans to be carbon neutral in 30 years time, chief executive Ben van Beurden said production at Shell peaked in 2018.

Source: Shell Global “Our accelerated strategy will drive down carbon emissions and will deliver value for our shareholders, our customers and wider society,” said Royal Dutch Shell Chief Executive Officer, Ben van Beurden. “We must give our customers the products and services they want and need – products that have the lowest environmental impact. At the same time, we will use our established strengths to build on our competitive portfolio as we make the transition to be a net-zero emi...

The Hague, February 11, 2021 − Shell today set out its strategy to accelerate its transformation into a provider of net-zero emissions energy products and services, powered by growth in its customer-facing businesses. A disciplined cash allocation framework and rigorous approach to driving down carbon emissions will deliver value for shareholders, customers and wider society. Shell also confirmed its expectation that total carbon emissions for the company peaked in 2018, and oil production pe...