Shell to Move HQ to London, in Historic Shift Amid Energy Transition

LONDON— Royal Dutch Shell PLC said it plans to consolidate its dual British and Dutch structure and move its headquarters to London, a historic shift 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 facilitate returns to shareholders and make it simpler to amend its portfolio of assets.