Posted by John Donovan: 21 April 2024
In a move that screams “What the hell are we even doing anymore?”, Shell, the grand poobah of the London Stock Exchange, is flirting with the idea of dumping the UK for a shot at American glory. But will this desperate shuffle truly be the panacea for their valuation nightmares? Spoiler alert: probably not.
Former Shell bigwig Ben van Beurden seems to think so, eloquently describing London’s valuation of Shell as being on par with a discount bin at a dollar store. Current head honcho Wael Sawan chimes in, echoing the sentiment with all the finesse of a bull in a china shop, claiming they’ve got “a location that clearly seems to be undervalued” and they’re ready to roll the dice on “all options. All options.”
Posted by John Donovan: 14 April 2024
Another day, another dose of corporate greed and environmental destruction. Will these oil giants ever learn? Or will they continue to put profits over the planet?
Shell’s priorities are crystal clear: profits over people, greed over green.
As green activists and the Church of England Pensions Board wag their fingers in disapproval, Shell seems ready to sprint in the opposite direction of net zero, all the while shouting, “Catch us if you can!” Because in the end, who needs a habitable planet when you’ve got fat dividends, right?
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