Shell Gets Ready for « Lower Forever » Oil Prices

Shell Gets Ready for « Lower Forever » Oil Prices
On an earnings call Thursday, Royal Dutch Shell CEO Ben van Buerden said that the firm has adopted a "'lower forever' mindset” with a focus on controlling costs. His long-term strategy is to be "fit for the forties."  While oversupply is the driving force ... read more
Source: Maritime ExecutivePublished on 2017-07-28