Report claims the move is caused by shift in the oil and gas giant's business model.
Research suggests a broader array of indicators point to a prolonged moderation in consumption.
American quarterly GDP meets expectations but compares unfavourably to economic activity in 2015 and 2016.
Ben Van Beurden believes move to electrify the economy is a good thing.
Latest UK official economic data greeted with caution by City analysts and business lobby groups.
Tim Warrillow said he was responding to "demand from institutional investors."
Acacia Mining protests 'unexplainable' tax bill from Tanzania.
Sterling climbs above $1.30, as investors await figures on UK's economic growth.
Reports say oil giant and technology company among several others bidding for Equis Energy.
FCA says trader already docked for insider trading could be given three more years in jail if he does not meet a confiscation order.
Cartel has asked for a cap on Nigerian output, and called on several members to boost compliance.
"Weaker than expected activity" behind lowering of forecast for the British economy.
Diezani Alison-Madueke, Nigeria's oil minister from 2010-15, is being pursued for alleged corruption allegations.
ECB President says premature tightening of economic policy would jeopardise recovery in the Eurozone.
Latin American country says it won't be able to play its part in ongoing production cuts on financial grounds.