The sale was announced on December 21, 2020, and is consistent with Shell s strategy of selling non-core assets in order to further high-grade and simplify Shell s portfolio. The. | March 16, 2021
By Sarah McFarlane LONDON Royal Dutch Shell PLC has appointed Andrew Mackenzie as its new chairman, tapping a mining veteran to oversee the oil and gas giant as it navigates the transition to low-carbon energy. The Anglo-Dutch company said Thursday that Mr. Mackenzie, who joined its board as a nonexecutive director in October, would succeed outgoing chairman Chad Holliday in May. A Scottish-born geologist, Mr. Mackenzie is best known as the former chief executive of BHP Group Ltd., one of the world s largest mining companies, which he ran for six years to 2019. During his tenure at BHP, he is credited with simplifying its business, overseeing the sale of its U.S. shale-gas assets and carving out several mining operations into a new company called South32 Ltd.
In his latest research note, analyst Christyan Malek confirms his positive recommendation. The broker JP Morgan is keeping its Buy rating. The target price remains unchanged at GBX 2000. | March 10, 2021
Energy giant Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, raising its ambition from previous targets, as its oil output declines from a 2019 peak.. | February 14, 2021
By Jaime Llinares Taboada Royal Dutch Shell PLC on Thursday laid out its green transition strategy, including targets to double electricity sales, expand its liquefied natural gas capacity and. | February 14, 2021