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Shell Ditches ‘Dutch’ From Name and Makes Britain Its HQ

  • Company expects to be named Shell Plc amid simplification plan
  • CEO Ben Van Beurden and head of finance will relocate to U.K.
Royal Dutch Shell Plc Pernis Oil Refinery Ahead of Earnings
Photographer: Peter Boer/Bloomberg
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Royal Dutch Shell Plc announced a major overhaul of its legal and tax structure that will see the company walk away from the Netherlands amid deteriorating relations with what’s been its home country for a century.

The changes come as Shell is battling activist investor Dan Loeb, who’s demanding the company split itself into two to attract shareholders leaving the energy sector because of concerns over climate change.