Shell Promises Significant Increase in Returns to Investors

Royal Dutch Shell Plc plans to shower its investors in money, pledging returns of $125 billion between 2021 and 2025 — twice as much as a decade earlier.

The oil and gas major says it can pull off this feat with crude at $60 a barrel and only a small increase in capital spending, an aggressive move to keep shareholders on its side while it weathers a disruptive transition to lower-carbon energy. The Anglo-Dutch company has already sought to stand out from some of its peers, who are boosting spending to get more barrels of oil and gas.

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