By John Donovan
An article by Matthew Smith published by Seeking Alpha warns about the potential adverse impact on the share value of companies with “exposure” in Russia, such as BP and Royal Dutch Shell.
The CEO of Shell, Ben van Beurden, is well aware of the risk to Shell’s Russian assets and future prospects, which explains his humiliating bowing to President Putin when they met just weeks after the Russian invasion and annexation of Crimea. Obviously a believer in appeasement.