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Shell manoeuvring on fractured ground
Shell manoeuvring on fractured ground

Markets have reacted coolly to Shell’s attempts to win over critics by simplifying its structure and moving headquarters from the Netherlands to the UK. The move takes one of the world’s largest private oil companies around, over – and, possibly, into – some of the major fault lines in Europe’s economic landscape: high versus low taxation, the pace of change needed to meet key climate goals, and the UK versus the European Union it voted to leave.