With BG deal completed, Shell is going full speed ahead
LAST week saw the birth of a new player in the global energy industry. In the midst of some of the toughest market conditions seen in decades, the joining together of Shell and BG creates a company of extraordinary strengths - a combination greater than the sum of our parts. I feel privileged to be part of this historic, transformative moment.
It has been an intense 10 months since we first announced the combination with BG and Feb 15 was a very special milestone for us - officially the first day of operations for the combined company.
It has also been a period of great volatility. Although the oil price has fallen since our announcement, I remain convinced of the strategic and financial merits of the deal.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access