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AP National Business

Shell wants to move headquarters amid cleaner energy shift

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Published 4:43 AM

By DANICA KIRKA and MIKE CORDER
Associated Press

LONDON (AP) — Royal Dutch Shell proposed moving its headquarters from the Netherlands to the United Kingdom and streamlining its structure in hopes of making it easier to move forward in a world transitioning away from a dependence on fossil fuels. The company that’s been incorporated in the U.K. with Dutch tax residency said Monday that it wanted to move to a more conventional structure to make the company more competitive as it seeks to meet the challenges of shifting toward cleaner energy. Dutch officials said they were “unpleasantly surprised” by the move. Shell said the changes mean it would no longer use “Royal Dutch” in its name.

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