Shell boss confronts environmental, carbon challenges
On Monday, the oil and gas giant gritted its teeth and pulled out of one of the most ambitious, expensive and controversial exploration forays on the planet – Alaska. A project that could have delivered tens of billions of dollars instead delivered a dry well and, on Sunday, van Beurden and his team called it quits.
ANALYSIS: By The Business presenter Ticky Fullerton: 2 Oct 2015
Rarely have energy companies faced greater challenges, and global giant Shell has moved to tackle some of them head on.
Of all weeks to be in London to catch up with global Shell chief executive Ben van Beurden, this was it.
On Monday, the oil and gas giant gritted its teeth and pulled out of one of the most ambitious, expensive and controversial exploration forays on the planet – Alaska.
A project that could have delivered tens of billions of dollars instead delivered a dry well and, on Sunday, van Beurden and his team called it quits.
The TRUTH will set you FREE.
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