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Shell explored quitting Europe and moving to the US

FT.com

Shell explored quitting Europe and moving to the US

New boss part of executive review that discussed potential shift in effort to close value gap with American rivals

 in New York and  and  in London
Shell’s top executives explored moving the Anglo-Dutch energy group to the US in a proposal that threatened to deliver a hammer blow to the City of London. Wael Sawan, the oil and gas group’s new chief executive, was among a group of top managers who in 2021 discussed the advantages of shifting the company’s listing and headquarters to the US, according to people familiar with the talks.
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