Royal Dutch Shell Group .com Rotating Header Image

Royal Dutch Shell Fire Sale Continues

Screen Shot 2014-06-23 at 11.37.41According to a Financial Times article, “Royal Dutch Shell has revived plans to dispose of its European liquefied petroleum gas business four years after a second failed attempt to sell the assets.” 

Shell has already disposed of under-performing assets around the globe, including Australia,  the USA and in the North Sea. The latest move is part of the $15 billion fire sale announced by the incoming new CEO Ben van Beurden earlier this year, following the surprise issuance of a Shell profits warning that shook the markets.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Comments are closed.