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Shell's Shock of the Old

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Peaple points to the challenge facing new Royal Dutch Shell CEO, Ben Van Beurden, with low return on capital below 1% on U.S. projects from high costs and declining prices. Shell's 2013 price earnings multiple is at 8.1, well below Chevron and Exxon. Van Beurden will become the CEO in January 2014. He worked for Shell for 30 years, with 10 years in the LNG business.

Royal Dutch Shell strategies

03/29/2007

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Shell's Shock of the Old

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Shell’s Choice for C.E.O. Surprises the Markets

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Risk-Taking Shell CEO Stays in Race

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Shell's Profit Falls on Shale Write-Down

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Grouped Articles

Shell's New Lifestyle Choice

Wall Street Journal 05/02/2013

Shell Picks Refining Chief to Become CEO

Wall Street Journal 07/09/2013

Shell's Shock of the Old

Wall Street Journal 07/10/2013

Shell’s Choice for C.E.O. Surprises the Markets

New York Times 07/09/2013

Risk-Taking Shell CEO Stays in Race

Wall Street Journal 03/29/2007

Shell's Profit Falls on Shale Write-Down

Wall Street Journal 08/01/2013

Shell's new CEO in 2014- Ben Van Beurden

07/09/2013

Ben Van Beurden is from the "downstream" refining and chemicals side where there is less tolerance for the cost overruns seen in exploration. He has expressed reservations at internal meetings on the costly projects Shell had taken up in remote regions. His focus is on capital efficiency and he says Shell's profit is "too low."

Grouped Articles

Shell Chief Sets Out a New Path

Wall Street Journal 01/30/2014

Shell Picks Refining Chief to Become CEO

Wall Street Journal 07/09/2013

Shell’s Choice for C.E.O. Surprises the Markets

New York Times 07/09/2013

Shell's Shock of the Old

Wall Street Journal 07/10/2013

New Shell CEO Van Beurden Lays Out Turnaround Plan

Wall Street Journal 04/28/2014

Energy Quakes as OPEC Stands Pat

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