Oil major Shell has said it respects the decision of the “British people” to leave the European Union, despite being in favour of a remain vote.
The company said “although Shell was in favour of the UK remaining in the EU” it would “work with the UK government” as well as European Institutions.
It comes after more than 51% of voters backed Brexit with the Remain campaign winning 48.1% of the vote.
The pound has collapsed on the back of the referendum results, while the Bank of England has said it will work closely with the Treasury in the immediate aftermath.
Brent crude has dropped by more than 6% as stocks plummeted following the leave vote.
A Shell spokesman said: “Although Shell was in favour of the UK remaining in the EU, we respect the decision of the majority of the British people who voted to elect to leave.
“We will work with the UK government and European institutions on any implications for us. Our priority is to continue providing reliable, affordable energy to our customers in Europe and the UK.”