Is it true? The rumors in the hallway are that BvB is gone because he sold Permian and now COP is milking the cow after Shell developed it
Thoughts?
7 replies (most recent on top)
He misses that Enron sk--k.
The worst CEO hands down. Made the previous bean counter Peter Voser look good
permian sale, appalachia sale, duvernay sale, appomattox underperformance, guyana deepwater give away, egypt nemed failure, BG overpayment for exploration potential, arrow energy write downs, flng cost overruns and startup problems and labour disputes, historic dividend cut still not reinstated despite record profits ….. the list goes on and on …..the sc--w ups has costed the company multiple 10’s of billions ….
LOL, do you seriously think the Permian sale was bad enough to fire the CEO? Absolutely laughable, worse decisions have been made!
BvB has been good for Shell. WS may just undo all the good strategy work BvB has done.
Wael sold it.
Seriously? The guy has been CEO for 8 years and is turning 65.