The
company
made
a
net
profit
of
$31.4bn
in
2008,
the
largest
in
its
history.
But
profits
dipped
sharply
in
the
fourth
quarter,
and
chief
executive
Jeroen
Van
de
Veer
says
the
industry
will
be
under
“significant
pressure”
in
2009.
Shell
has
reduced
its
capital
expenditure
for
the
coming
year,
delaying
decisions
on
a
number
of
planned
projects.
“We
like
renewable
energy,”
Van
de
Veer
says,
but
he
justifies
Shell’s
decision
to
pull
out
of
investments
in
UK
wind
generation
by
saying,
“at
the
end
of
the
day
we
are
businessmen.”
“We
like
wind…
