Tuesday 26 February 2019

Can Oil Reinvent Itself? Shell's Power Push Divides Investors - Bloomberg

Can Oil Reinvent Itself? Shell's Power Push Divides Investors - Bloomberg:

When a few hundred Royal Dutch Shell Plc shareholders piled into a Methodist church in Westminster for their 2018 annual meeting, they got a lot more than the usual free sandwiches and PowerPoint slides.

As half a dozen pensioner activists hogged the microphones to warn of the dangers of fossil fuels and the merits of renewables, Chief Executive Officer Ben van Beurden gave them a lesson on the risks of Big Oil embracing clean energy.

Turning to Chief Financial Officer Jessica Uhl, he asked her to tell the crowd how she began her career at the company some 15 years ago.

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