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Energy giants edge towards gender equality

The logo of energy giant Royal Dutch Shell.
The logo of Royal Dutch Shell. Photo: Ben Stansall / AFP / Getty Images

Gretchen Watkins, the former CEO for Maersk Oil, is expected to begin overseeing energy giant Royal Dutch Shell's growing U.S. business, Bloomberg reports.

Why it matters: This is the latest development for female executives being promoted to "oversee marquee U.S. assets," after the oil industry has been largely dominated by men. There's still a long way to go, however, as 80% of industry workers are men and there's a significant wage gap.