Shell plc SHEL, the oil and gas giant, is planning to cut down its workforce by 20%. The job cuts are anticipated to affect the oil and gas exploration staff, per a report by Reuters. The report also ...
A Dutch court has upheld Shell's appeal against a 2021 verdict forcing it to almost halve oil and gas emissions by 2030. A Dutch appeals court has struck down a 2021 ruling ordering oil and gas giant ...
The case for why the job cuts are the right decision for investors. To say it's been an off-year for big oil would be an understatement. Shockwaves of volatility and lower energy demand have rippled ...
Royal Dutch Shell announced on Wednesday plans to cut up to 9,000 jobs, or over 10% of its workforce, as part of a major overhaul to shift the oil and gas giant to low-carbon energy. Shell, which had ...
Shell plc SHEL, the British oil and gas giant, has disclosed its plans to cut jobs in the offshore wind division. The decision, which came after Shell’s CEO Wael Sawan took over, is aimed at focusing ...
LONDON (Reuters) - Royal Dutch Shell plans to slash the value of its oil and gas assets by up to $22 billion after the coronavirus crisis hit demand for fuel and weakened the outlook for energy prices ...
Just weeks after completing a sweeping downsizing effort that brought job losses in Houston, Royal Dutch Shell, said Thursday it will eliminate 1,000 additional jobs this year amid what CEO Peter ...
Shell and TotalEnergies have reported a steep drop in second-quarter profits, as oil and gas prices fell from record highs reached following Russia’s full-scale invasion of Ukraine 17 months ago. The ...
Oil giant Royal Dutch Shell has slashed its dividend payment to shareholders by 66%—the first time its cut its dividend since 1945—as coronavirus triggered a dramatic plunge in demand for oil and ...
LONDON (Reuters) - Royal Dutch Shell cut its dividend for the first time since World War Two on Thursday in a drastic step to preserve cash as it prepares for a protracted slump in demand for oil ...
Royal Dutch Shell will slash as many as 9,000 jobs as the oil giant accelerates a shift away from fossil fuels. The Anglo-Dutch company said Wednesday that it would cut between 7,000 and 9,000 ...
You'd think a massive company that hadn't cut its dividend since World War II would be a pretty safe bet for dividend investors. And Royal Dutch Shell (RDS.A +0.00%) (RDS.B +0.00%) was, in fact, a ...