Shell CEO urges switch to clean energy as plans hefty renewable spending

By LNG World News Ben van Beurden, chief executive officer of Royal Dutch Shell, speaks during a news conference in Rio de Janeiro, Brazil, February 15, 2016. Royal Dutch Shell, Europe’s largest oil company, believes that investment in Brazil’s subsalt offshore areas will remain robust, Chief Executive Van Beurden said in Rio de Janeiro on Monday. Van Beurden said that subsalt areas should be able to break even at oil prices expected this year. The global oil industry must invest $1.5 trillion a year to maintain output, he added. REUTERS/Sergio MoraesHOUSTON (Reuters) – The oil and gas industry risks losing public support if progress

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