1st April 2025
In an announcement that will send shockwaves through the European business and financial sectors Dutch/British multinational Shell has announced that it will move its corporate headquarters to Houston, Texas later this year.
Shell’s Lebanese/Canadian CEO Wael Sawan, the first non European to head the corporation, has conducted an extensive study in secret and has concluded that primarily for tax reasons it is in shareholders’ interests to relocate to Houston.
Sawan, who has an MBA from Harvard, is known to have become frustrated at the lack of focus and drive from his Dutch and British colleagues at the top of the company. An insider revealed that Sawan sees Texas based ExxonMobil as the model for Shell’s future. “Exxon doesn’t mess around with the trivia of pretending to be into Renewables” he said “they are a ‘Drill, Baby Drill’ corporation and that’s what Sawan wants Shell to be.”
The re-election of Donald Trump was encouraging for the Oil Majors and the freed-up and deregulated US oil/gas sector is appealing to Shell as it stipples out its hydrocarbon based future. “Wael doesn’t like bloody windmills” the insider explained.
Paddy’s Blogs in a crazy world 
I am not suprised. Many other corporate HQ’s I predict will in future move either to the US or Europe. Britain is drifting into economic irrelevance. America has turned its back, Europe requires the UK to come back to the club. Meanwhile Starmer dithers and avoids the question.
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