Shell Considered Relocating To The U.S. In Pursuit Of Higher Value

Shell’s executive leadership discussed leaving Europe and relocating to the United States, the Financial Times has reported, citing unnamed sources familiar with the discussion. According to the FT’s sources, the supermajor’s new chief executive, Wael Sawan, was part of a team of top executives that two years ago considered moving Shell’s headquarters to the U.S. and listing the company there, too. The relocation idea was ultimately dropped but the FT notes that Shell’s chief executive remains worried about the difference…