Royal Dutch Shell, Europe’s largest oil group, will have to pay up to $6bn (£4.3bn) to fill the hole in its pension fund, at a time when its revenues are under pressure from the fall in oil prices, the company revealed on Tuesday.
In its annual filing to the US Securities and Exchange Commissions, Shell revealed an $8.3bn pension fund deficit, equal to about 5 per cent of its market capitalisation.
