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Shell Cuts Dividend

General view of fuel pump stands at the Royal Dutch Shell gas station in Brussels, Belgium 30 April 2020. Following the collapse in global oil demand due to the coronavirus pandemic, Shell slashed its dividend for the first time since 1945, chief executive Ben van Beurden said in a statement on Thursday. Oil companies have clung on to dividend payouts as demand plummets with government lockdowns. (Photo by Jonathan Raa/NurPhoto)

Photo Details

Photo ID	#5665752
Date Taken	30 April 2020
Location	N/A
Photographer	Jonathan Raa/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2025 NurPhoto - Jonathan Raa/NurPhoto

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Belgium British COVID19 Crude oil Dutch Holland Netherlands Oil companies Petrochemicals Royal Dutch Shell PLC Shell UK US US oil price USA antwerp barrels benzene collapse corona impact coronavirus crisis demand dramatic economic disaster europe european factories fears financial crisis global oil history lockdown nederland oil production opec petroleum

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