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Return to all-cash divi shows Shell is 'more confident in overall picture' of oil sector

Published: 03:45 05 Dec 2017 EST

Marc Gerrits, Royal Dutch Shell's VP Exploration, speaks to Proactive at the Oil & Gas Week 2017 in London.
 
He says the recent return to an all-cash dividend shows that the supermajor is "more confident" in the industry as a whole.
 
"We have taken BG through the transition, we've divested nearly US$30bn of assets that we had committed to, and we are more confident in the overall picture [of the oil industry] than we were before."

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