Royal Dutch Shell CEO on 2020 Commitments, Oil, Energy Transition, Electricity

The transcript discusses Shell's strategy in response to oil price volatility, focusing on upstream investments and energy transition. Shell aims to reduce its carbon footprint and cautiously expand its power business. The company plans to invest significantly in new energies while maintaining a strong financial strategy. Geopolitical relations and business resilience are also highlighted as key factors in Shell's approach.

What is Shell's financial outlook for 2020 in terms of organic free cash flow?

• $28 to $33 billion

• $35 to $40 billion

• $20 to $25 billion

• $15 to $20 billion

Which areas has Shell decided to exit as part of their upstream strategy?

• Deepwater and Arctic

• Petrochemicals

• Conventional oil and gas

• Heavy oil and Arctic

How much does Shell plan to invest annually in new energies?

• $4 to $5 billion

• $3 to $4 billion

• $2 to $3 billion

• $1 to $2 billion

What is Shell's expected return range from their new power business?

• 8 to 12%

• 15 to 18%

• 12 to 15%

• 5 to 8%

What is Shell's approach towards inorganic growth?

• Focus on small acquisitions

• Aggressive expansion

• No inorganic growth

• Cautious and strategic

How much capital does Shell invest annually in the United States?

• $5 billion

• $20 billion

• $10 billion

• $15 billion

What is Shell's strategy to handle oil price volatility and geopolitical events?

• Ignore market dynamics

• Increase investments in high-risk areas

• Focus solely on upstream activities

• Adopt a conservative financial approach