Shell’s revamped strategy is a ‘successful failure’


Shell CEO Wael Sawan. — Bloomberg

IN 1970, the National Aeronautics and Space Administration (NASA) described the Apollo 13 mission as “successful failure” after safely returning the spacecraft to Earth following an explosion halfway to the Moon.

The same term can be applied to European oil giant Shell Plc’s nearly two-year-old strategy, which got an important refresher Tuesday.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Insight

Pillars of good investing
Telco sector in M&A mode
Export of tools pays off�
Redemption and fund management
High-income status within grasp
Placing Malaysia Airlines in a better position
First-class goods in second-tier cities as luxury goes local in China
Why is Germany sitting on US$599bil of gold?
Yen intervention risk looms large
ECB says uncertainty may rise

Others Also Read