Shell has been waiting patiently for British Petroleum’s value to lag as its London rival focussed on the lower returns on capital that are normal for so-called “green” energy generation.
Net zero is starting to compound. My bet is if: Shell doesn’t buy BP that they both delist in London and move headquarters to the Sunbelt and relist on the NYSE. Even if they combine, the UK is so anti common sense and anti energy friendly Shell will still move and relist.
Net zero is starting to compound. My bet is if: Shell doesn’t buy BP that they both delist in London and move headquarters to the Sunbelt and relist on the NYSE. Even if they combine, the UK is so anti common sense and anti energy friendly Shell will still move and relist.