The remuneration report praised the firm’s chief for “bold decisions” such as the abandoning of Arctic drilling off the cost of Alaska as well as cancelling the Carmon Creek oil sands project in Canada.
Despite the bigger bonus, the Shell boss lost out on long-term share awards, which fell from €863,000 to €163,000 last year.
Van Beurden’s pay was well behind that of BP’s Bob Dudley, whose package rose 20% to $19.6 million last year.
