Shell CEO Ben van Beurden bows to President Putin of Russia.
NATALIYA VASILYEVA, ASSOCIATED PRESS: June 15, 2016 Updated: June 16, 2016 1:29pm
Following a meeting with Putin, Royal Dutch Shell’s CEO Ben van Beurden and state-owned gas giant Gazprom announced plans to build an LNG plant in Russia together. France’s Total is working with Russia’s largely private gas producer on a liquefied natural gas project.
The fact that the CEOs of top American companies have in a sense defied their government shows that they put their business interests before any political considerations, analysts say.