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Shell Shows It Favors Investor Returns Over Renewables Deals

Royal Dutch Shell Permian Basin Operations As Oil Prices Beat Earnings Estimates
Photographer: Callaghan O'Hare/Bloomberg

Royal Dutch Shell Plc proved it’s taking a different approach to the energy transition.

As the company’s European peers pour billions into offshore wind farms and solar projects, Shell chose to give its latest influx of cash back to shareholders.