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December 1st, 2013:

Shell struggling to impress shareholders

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Posted by John Donovan

Page 2 in particular of a 30 page Wood Mackenzie Executive Summary of Shell dated November 2013 makes very interesting reading. This bang up to date expert assessment was kindly supplied by a Shell source, who says the report is in line with the familiar story at Royal Dutch Shell of Over-promise and Under-delivery.

According to expert opinion on the same page, the new leadership has to make hard decisions because in the last several years both exploration and unconventionals have not reached hoped for levels. It also warns of concern that shareholder returns have fallen behind supermajor rivals.
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