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Shell Takes Major Steps Toward Energy Diversification

By David Messler – Mar 05, 2018, 12:00 PM CST

Shell has spent the last three years reinventing itself for the energy future it sees in the coming decades. A few years back, Shell was a company struggling to find its footing. Exploration success was declining, as was daily liquids production. From the graph below you can see that the lack of success in exploration was starting to equate to reduced production. An oil company’s life can be measured in production, and they were not replacing the oil being produced. FULL ARTICLE and its sister websites, and are all owned by John Donovan

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