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Posts Tagged ‘’ Shell Knows It’s a Zombie as Long as It Focuses on Fossil Fuels

The petroleum giant is adjusting to falling oil demand, cutting both its dividend and its capital budget

By Dana Blankenhorn, InvestorPlace Contributor

The difference between Royal Dutch Shell and Exxon Mobil (NYSE:XOM) is that Shell knows it’s a zombie, something Exxon refuses to believe. Regardless of whether you trade the Dutch version of Shell stock (NYSE:RDS.A) or the British version (NYSE:RDS.B), you’re buying an fossil fuel company that is now promising to disappear.

Shell CEO Ben van Beurden put it this way: “There is an energy transition underway which may even pick up speed in the recovery phase of this crisis and we want to be well positioned for it.” read more and its sister non-profit websites,,,,,, and are owned by John Donovan. There is also a Wikipedia feature.