Business

Shell to move headquarters to London amid energy transition

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LONDON— Royal Dutch Shell PLC plans to merge its dual British and Dutch structures and move its headquarters to London, a move it says will help facilitate shareholder return and help change Changing asset portfolio becomes simpler.

The oil giant said on Monday that ending its complicated structure would also make it easier for investors to value the company, at a time when the company has committed to a transition to renewable energy. – low carbon. Shares of Shell traded 2% higher following the announcement.

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