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 ...
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 ...
FILE - A sign at a Shell petrol station in London, Thursday, Feb. 2, 2023. Shell has effectively abandoned a plan to cut oil production by 1-2% per year until the end of the decade and instead ...
Shell (NYSE:SHEL) plans to cut 20% from its oil and gas exploration and development workforce, as CEO Wael Sawan widens his cost-saving drive after deep cuts in renewables and low-carbon businesses, ...
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 ...
Lego Group, the world’s leading toy maker, will disassemble a 3-year partnership with Shell Oil Co. after a public outcry that was ignited by a controversial video campaign that went viral. That video ...
Shell CEO (NYSE:SHEL) Wael Sawan said in an interview published Friday in The Times that cutting oil and gas production would harm the world economy and hurt consumers. "I am of a firm view that the ...
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 is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets ...
Anglo-Dutch Shell will slash its workforce by between 7,000 and 9,000 as part of cost-cutting efforts, with the cuts to take place until the end of 2022, the company said in a third-quarter update.