Shell's Best Profit in 3 Years Marred by Cash-Flow Drop

Shell's Best Profit in 3 Years Marred by Cash-Flow Drop

Assessment

Interactive Video

Business

University

Hard

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The transcript covers an interview with Shell's CEO, Ben van Beurden, discussing the company's recent financial performance, including a $4.3 billion profit, and addressing concerns about cash flow and market expectations. The impact of US tax reform on Shell's operations is analyzed, highlighting the benefits of a reduced corporate tax rate. The CEO outlines Shell's future strategy, emphasizing a shift towards new energies and a diversified portfolio. The discussion concludes with insights on stranded assets and the anticipated peak in oil demand.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways is Shell planning to transition its business model for the future?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Shell view its position regarding stranded assets in the context of future energy needs?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected challenges regarding oil demand and supply in the coming decades?

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