LONDON— Royal Dutch Shell PLC has appointed Andrew Mackenzie as its new chairman, tapping a mining veteran to oversee the oil and gas giant as it navigates the transition to low-carbon energy.
The Anglo-Dutch company said Thursday that Mr. Mackenzie, who joined its board as a nonexecutive director in October, would succeed outgoing chairman Chad Holliday in May. A Scottish-born geologist, Mr. Mackenzie is best known as the former chief executive of BHP Group Ltd., one of the world’s largest mining companies, which he ran for six years to 2019. During his tenure at BHP, he is credited with simplifying its business, overseeing the sale of its U.S. shale-gas assets and carving out several mining operations into a new company called South32 Ltd.
Before that, Mr. Mackenzie worked at rival miner Rio Tinto PLC, and previously spent 22 years at BP PLC, in areas including research and development, petrochemicals, and exploration and production. Mr. Mackenzie’s appointment at Shell comes as many big oil companies are grappling with the transition away from fossil fuels toward lower-carbon energy like wind and solar power. Governments and companies are increasingly moving to reduce reliance on fossil fuels to curb carbon emissions, while growing technologies like electric vehicles are expected to dampen future demand for diesel and gasoline.
Well, first you have to rehabilitate the land you polluted in the Niger Delta, start there and work your way up
How about commercializing the mass scale implementation of clean natural gas and Hydrogen FuelCells Would be a good start & no need to pay that insane salary to former BHP CEO
Shell transitioning from oil production to wind, tide, solar, crystal and mung bean powered energy sources is actually the best possible news for companies that continue to produce oil, because the price will skyrocket as supplies dry up.
I don't know why the neighbors breath hard at night. BTW, I had a really good shower yesterday amigo. You should take one more often and I think it would be better for you.
🇩🇪12:40-German economy to expand 3.7% in 2021 The Halle Institute for Economic Research released on Thursday a new economic outlook for Germany, saying that the country's economy will expand by 3.7% this year and 3.6% in 2022. 🛑Hate and police persecution every day of the🇪🇸👇
Can we go somewhere today?