Shell still reviewing moving listing away from London but not a live discussion

Oil company Shell says is still mulling moving its stock market listing from London to New York but that it wasn't a “live discussion” at the moment. Shell CEO Wael Sawan was asked if he was still considering moving Shell’s listing to close the valuation gap with its U.S. peers including ExxonMobil. Sawan appeared on CNBC on Thursday and said that the firm was “always reviewing headquarter listings and the like” but that “there is no live discussion at the moment.”