Shell sheds Texas assets as it faces a brave new world

Plus, how Britain's all-out move to renewables has left it vulnerable to weather woes.

Drilling rigs in the Permian Basin outside of Odessa, Texas. Photo: Lazarus1255/Wikimedia.

. . . . Seems like there is nothing like losing a court case — and massive government pressure — to get an oil company moving towards the exits when it comes to fossil fuels. Case in point, Royal Dutch Shell (RDS.A), which on Monday sold its oil and gas production …