Telegraph.co.uk | Shell braces for 'lower forever' oil amid electric vehicle boom Telegraph.co.uk Royal Dutch Shell is bracing for a peak in oil demand by the end of the next decade by edging towards renewable power and the electric vehicle industry. Shell boss Ben Van Beurden said the oil major had changed its company mindset to a “lower forever ... Oil demand could peak in about 10 years, says Shell CEO, sooner than others forecast Shell preparing for world economy that shifts away from oil Oil price recovery helps quarterly profits surge at Shell |