A Dutch court has overturned a landmark ruling ordering fossil fuel giant Shell to significantly cut its carbon emissions, in a blow to climate campaigners. In the original 2021 ruling, hailed as “a ...
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 (NYSE:SHEL) will eliminate at least 20% of jobs in its dealmaking team as it restructures business units in an attempt to cut costs, Bloomberg reported Wednesday. Staff in the division, which ...
Shell (NYSE:SHEL) said Wednesday it plans to cut ~15% of the workforce, or ~200 jobs, at its low-carbon solutions division and scale back its hydrogen business as part of its efforts to simplify the ...
Royal Dutch Shell announced on Wednesday that it expects to cut between 7,000 and 9,000 jobs, more than 10% of its workforce, in order to shift to low-carbon energy. The oil and gas giant said that ...
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 ...
Royal Dutch Shell will halve crude processing capacity and cut jobs at its Pulau Bukom oil refinery in Singapore as part of an overhaul to reduce its carbon emissions. By Aradhana Aravindan and ...
After decades of exhausting climate change denial, we’re now in the new era of disingenuous corporate environmentalism, all while companies work furiously to delay the demise of the fossil fuel ...
Royal Dutch Shell (RDS.A) said Thursday it will cut about 6,500 jobs and capital investment this year as it restructures and dumps some businesses to prepare for a "prolonged downturn" in oil prices.
Last week Royal Dutch Shell did something that would have been nearly unthinkable at the beginning of this year. The company cut its dividend for the first time in 75 years. This is remarkable ...
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