OGZPY - With Russian Divestment Shell Is Well On Its Way To A Post-Hydrocarbon Future

• Shell's divestment plan for all its Russian assets is set to not only deprive it of current assets but also of any future potential opportunities for new projects.
• The divestments, coupled with other moves, as well as its long-term trend of declining upstream reserves further cement its path of transformation away from hydrocarbons, with no path of return.
• Shell's current valuation is as a profitable oil & gas major, within the context of a long-term commodities boom market, even as it is in the midst of transforming itself.
• By the end of this decade, Shell will be more of a renewable energy company.  It will be a very tall task to replace its current profits from hydrocarbons with profits from those renewables activities.

For further details see: