LONDON—Royal Dutch Shell PLC said it planned to consolidate its dual British and Dutch structure into a single U.K.-based entity, a move the oil giant said would help it navigate the transition to low-carbon energy.
The company said Monday that the plan to end its long-held, complex dual structure was intended to make it easier for investors to value the company, help it boost returns to shareholders and make it simpler to amend its portfolio of assets. It added that restructuring would also result in a name change, to just Shell, dropping the Royal Dutch designation.
