Shell, Tariffs & That Unraveling Investment Climate
Shell’s President of Projects & Technology, Robin Mooldijk, recently confessed what many were thinking: the impact of U.S. President Donald Trump’s tariffs goes far beyond irritating supply chains—it’s messing with Shell’s appetite to invest. Global economic uncertainty, he says, is doing more damage than just higher costs.
“The primary effect is on our supply chain. It becomes more expensive and for a company like Shell it’s something that we could actually deal with,” Mooldijk told The Economic Times. “But the bigger (effect) is even on the investments. Does it change the business climate and the supply-demand balance to the extent that—a little bit cheaper or a little bit more expensive project, doesn’t really matter—do we want to do it or not.”







Posted by John Donovan: 1 Feb 2025


Posted by John Donovan: 4 June 2024
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