Shell Cuts Dividend for First Time Since Second World War

The video discusses the challenges Shell faces due to a poor macroeconomic environment and uncertainty about demand and prices. To address these, Shell has implemented strong financial countermeasures, including reducing capital and operating costs and resetting dividends. The focus is on maintaining financial resilience, managing debt levels, and ensuring liquidity. Shell aims to bring its gearing back to a comfortable range while protecting its financial stability.

What are the two main problems faced by the company as mentioned in the text?

How has the company responded to the unprecedented uncertainty it is facing?

What decision did the board make regarding the dividend, and what was the new amount set?

What is the company's current gearing level, and what level do they aim to achieve?

What measures does the company have in place to ensure financial resilience?