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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose

Shell’s former chief fuels fears it could quit London for New York

Ben van Beurden
Ben van Beurden stepped down as Shell chief executive in 2021. Photograph: Benoît Tessier/Reuters

Shell’s former chief executive has stoked fears that the oil company will quit the London Stock Exchange in favour of a New York listing because US investors are “more positive” about fossil fuels.

Ben van Beurden used his first public interview since stepping down in 2021 to echo concerns that the £180bn company is “massively undervalued” by the UK market compared with its US listed rivals.

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