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Posts on ‘March 27th, 2018’

Shell names former Maersk Oil CEO Watkins as next U.S. boss

Gretchen Watkins, incoming President and U.S. Country Chair, Shell Oil Company

Ron Bousso: MARCH 27, 2018

LONDON (Reuters) – Royal Dutch Shell’s (RDSa.L) U.S. boss, Bruce Culpepper, will step down at the end of the year and be replaced by former Maersk Oil Chief Executive Gretchen Watkins, the company said in a statement on Tuesday.

Shell’s head of unconventionals, Greg Guidry, who oversees the Anglo-Dutch company’s shale production in North America and Argentina, will step down on June 31, when he will be replaced by Gretchen.

Watkins will retain her role as head of unconventionals when taking over as Shell U.S. country chair, the company said. read more

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Shell Announces Senior Leadership Changes in North America

Gretchen Watkins, incoming President and U.S. Country Chair, Shell Oil Company

HOUSTON, March 27, 2018 /PRNewswire/ — Royal Dutch Shell (Shell) today announced a series of changes to the makeup of its U.S. leadership team.

Following a 36-year career with the company, EVP Unconventionals, Greg Guidry, will leave his role on June 31, 2018.

Guidry will be succeeded by Gretchen Watkins, former CEO of Maersk Oil. Watkins will officially join Shell on May 1, 2018, and will be appointed EVP Unconventionals effective July 1, 2018. She will report to the Upstream Director and be based in Houston. read more

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Shell outlines radical scenario for world that has cured climate change

|By: , SA News Editor

  • Royal Dutch Shell (RDS.A, RDS.B) today outlined a scenario by 2070 that includes the use of far less oil as cars become electric, development of a major carbon storage industry and a transportation shift toward a reliance on hydrogen as an energy carrier.
  • Shell’s Sky scenario is designed to imagine a world that complies with the goals of the Paris climate agreement, managing to hold global warming to “well below” a rise of 2 degrees Celsius above pre-industrial levels; the world’s consumption of oil would rise through 2025 before starting to decline in the 2030s and fall below current levels in 2040.
  • The company stresses that Sky is only a scenario – a possible future dependent upon many assumptions – not a reality that definitely will be realized.
  • read more

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