Shell’s short term thinking, US methane regs, cash-starved shale + MORE

💥Energy Flux💥Monday 28th June 2021

Market realities are hard to ignore. Crude demand is surging and oil majors that argued against a rapid transition to renewables appear vindicated. Shell CEO Ben van Beurden rammed home the message that oil companies can only follow the market, in a panel debate last week. But his infallible business logic seems to overlook one key ingredient: long-term…