IgorGolovniov/Shutterstock Save for later Print Download Share Shell cemented its two-year strategic turnaround at its recent Capital Markets Day (CMD) in New York, largely sidelining its low-carbon spending and embracing an industry-leading LNG portfolio as its new, streamlined transition strategy. The decision 鈥� made in the name of returns 鈥� promises bumper cash flows that can support years of increased buybacks, crystallizing the sector鈥檚 wider embrace of near-term shareholder returns over long-term strategic change. Here are four key takeaways from Shell鈥檚 latest strategy update.
