LONDON (Reuters) - Royal Dutch Shell is to axe 6,500 jobs this year and step up spending cuts as it seeks to reassure investors it can withstand an extended period of lower oil prices, even through ...
Shell has taken another axe to its once lofty decarbonization plans, as the U.K. oil giant’s pivot back to fossil fuels picks up steam. The group plans to cut at least 15% of staff working in its ...
A total of 330 low-carbon solutions and hydrogen business positions at supermajor Shell are at risk under an overhaul initiated by chief executive Wael Sawan, it has been claimed. Under the overhaul, ...