Almost a year ago Shell bid “Vaarwel” to the Netherlands as the oil giant simplified its convoluted dual share structure, shifted its headquarters from the Hague to London, and chose post-Brexit Britain as its true home.

The UK government was understandably cock-a-hoop at the move, the Dutch not so much. That the snub was overseen by one of their own, chief executive Ben van Beurden, made it particularly hard to swallow.

It will be interesting to see if the 64 year-old is welcomed back to his ancestral home as he joins a stream of FTSE bosses heading for the exit, though having banked more than £80m since taking charge, van Beurden is unlikely to have many sleepless nights.

Of much greater importance is what his departure, after a decade at the helm, means for one of the world’s largest energy producers. The appointment of renewables chief Wael Sawan as his successor has understandably raised hopes that Shell is about to put the turbo-boosters under its adoption of green technologies.

Sawan, a dual Lebanese-Canadian national born in Beirut, takes the reins at a pivotal moment both for Shell and the fossil fuel industry more widely. With soaring gas prices delivering a truly magnificent bounty for the company and its big rivals while millions wrestle with increasingly unaffordable bills, scrutiny has never been more intense.

Meanwhile, Shell must work out how to play a part in bolstering Britain's energy security at the same time as facing demands to embrace clean energy more whole-heartedly.

It's not that van Beurden hasn’t laid out a path to net zero. On the contrary, Shell declared last year that oil production had peaked and that it would stop drilling for fossil fuels in new markets after 2025, an important milestone on the journey.

It has also pledged to halve emissions from its own operations by 2030 and to hit net zero by the middle of the century, and recently committed to reducing the carbon expelled when customers burn its fuel - known as Scope 3 emissions.

Van Beurden has rejected the suggestion that Europe’s scramble for alternative energy supplies to Russian hydrocarbons will prompt a u-turn on those commitments. Instead, Shell is likely to move “faster”, he told the Financial Times earlier this year.

Yet, he has also, not unreasonably, been criticised for not taking more drastic action. Last year, a Dutch court ordered the oil company to accelerate the pace of change and be more ambitious with its CO2 reduction targets.

There will be an obvious temptation however, to head in the other direction and plough billions of pounds into new North Sea oil fields amid a clamour for Britain to attain greater energy independence. The Government is expected to announce dozens of new oil and gas exploration licences in UK waters in the coming weeks, in an effort to boost domestic production.